
EIA Crude Inventories Draw 0.4M vs Forecast 1.4M Draw
EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.
Bank of England Governor Andrew Bailey is scheduled to speak at 14:20 IST / 08:50 UTC on Friday 4 September 2026. That is a high-impact calendar watch.

Bank of England Governor Andrew Bailey is scheduled to speak at 14:20 IST / 08:50 UTC on Friday 4 September 2026. That is a high-impact calendar watch.
No Bailey quotes are filed here. No reaction note is planned until he speaks — and only if GBP moves enough to justify a separate reaction URL.
Cable was near 1.3530 in Friday’s early Asian session and near 1.3535 on Thursday’s Waller stamp. Those live pair notes are the sterling tape into the speak. US NFP still prints later at 18:00 IST.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.

WTI jumps toward $97.00 (+2.93%) as US–Iran escalation lifts the supply-risk premium. Reuters: Iran hit 10 ships near Hormuz after the US sank five Iranian tankers; Houthi hits on Saudi energy facilities.

Lagarde says inflation stays well above target into 1H27 and returns around target toward end-2027, with longer-term expectations near 2%. Data-dependent stance; further tightening may follow. Soft ECB print + EUR post-print — PC≠hike reprint.