crude oil Archives - Page 8 of 41

Markets bounce ahead of US NFP

By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares staged a rebound on Thursday following the broadly positive cues from Wall Street overnight as plunging oil prices and weak US jobs

5th October 2023

Markets/World

Yen not far from recent lows despite intervention talk

By Craig Erlam It’s been a wild couple of days in financial markets from a potential FX intervention to interest rate decisions and vast amounts of economic data, not to mention a

5th October 2023

Markets/World

‘Aussie’ falls as RBA leaves rates on hold

By Craig Erlam The Australian dollar softened Tuesday after the RBA opted to leave the Cash Rate at 4.1%, but warned some further tightening may be required. The decision and statement –

3rd October 2023

Markets/World

Major boost for ECB, but still a long way to go

By Craig Erlam European stock markets were performing well at the end of the week after spending much of the past days in the red on the back of fresh interest rate

29th September 2023

Markets/World

Promising inflation data ahead of Friday’s eurozone HICP

By Craig Erlam Another mixed session in Europe on Thursday with US stocks pointing to a similar open on Wall Street despite some promising inflation figures from the euro area. While the

28th September 2023

Markets/World

Markets flat as dust settles amid central bank meetings

By Craig Erlam Equity markets are pretty flat in the middle of the week, struggling to pick themselves up off the floor as investors worry about higher-for-longer interest rates and the economy.

27th September 2023

Markets/World

Surprisingly dovish BoE, another rate hike possible

By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not

21st September 2023

Markets/World

BoE decision a coin toss after encouraging inflation report

By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.

21st September 2023

Markets/World

UBS sees Brent trading in $90-100 range

Financial investors have added exposure to crude oil as a result of the tightening oil market and to benefit from higher roll returns, with the futures curve now more strongly downward sloped,

19th September 2023

Energy/Markets/World

Eurozone inflation revised lower

By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into

19th September 2023

Markets/World