USOIL Subdued on Oil Reserve Releases, China Worries
The International Energy Agency (IEA) announced yesterday new releases from the member countries’ reserves, while markets continue to monitor the Covid-19 situation in China
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The International Energy Agency (IEA) announced yesterday new releases from the member countries’ reserves, while markets continue to monitor the Covid-19 situation in China
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
The Fed is looking to reverse the stimulus pumped into the economy during the pandemic. Quantitative easing is an unconventional monetary policy tool that may have unintended effects. The Fed's extreme may be partly to blame for the rampant inflation, as it played out in conjunction with a massive fiscal push. Unfortunately, quantitative tightening seems to be the other side of the same coin
The Fed minutes for the March meeting indicate that the Fed balance sheet reduction is likely to progress sooner than expected. Whilst no concrete plan had been finalised, the minutes note that the process could begin “as early as after the conclusion of its upcoming meeting in May.”
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
Gold is upbeat after last week’s losses, as investors appear edgy due to the situation in Ukraine and talk of new European sanctions against Russia
Friday's job report shows a robust labour market. Given last week's high core PCE reading, a 50bps hike in May is a strong possibility. Our analysts note the inverted yield curve and look forward to Wednesday's FOMC minutes. Finally, Bitcoin is showing signs of accumulation.
The Fed is being aggressive with inflation in its crosshairs. The resilient labour market may aid it from a serious policy mistake.
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
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