Brent, WTI Oil Prices Await OPEC Supply Cut Quotas for 2024
Oil markets continued the longer-term bearish move ahead of the delayed OPEC meeting. The possibility of more aggressive cuts in response to weaker oil prices poses a risk
Oil markets continued the longer-term bearish move ahead of the delayed OPEC meeting. The possibility of more aggressive cuts in response to weaker oil prices poses a risk
Bank of England governor Andrew Bailey warned today that getting inflation down to target will be ‘hard work’ and pushed back against market expectations of interest rate cuts in the ‘foreseeable future’.
Gold and Silver start the week on the front foot, printing fresh multi-month and multi-week highs respectively
Outlook on FTSE 100, DAX 40 and S&P 500 following Thanksgiving weekend.
JPY prices have managed to begin the week on the front foot as elevated Japanese inflation stokes hawkish bets.
A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.
US Business activity remained steady in November but employment in the private sector declined for the first time in almost three-and-a-half years. A sign of things to come?
Gold is shrugging off market lethargy and is looking to test the recent high ahead of the weekend
USD/JPY price action was contained despite a massive month on month rise in inflation for October. Downside risks mount as the BoJ builds its case for policy normalisation
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid low volume Thanksgiving holiday trading.