Brent crude
Daily Wrap Up 03 October 2022
US stocks are driving higher due to the weaker-than-expected manufacturing data as traders are taking the view that bad news for the economy is good news for the stock market.
What does the future hold for oil?
22 Sep 2022 05:17 PM |The oil price has seen colossal price swings in the past two and half years. At the lockdowns were introduced in 2020 as a reaction to the pandemic, the oil market tumbled as demand fears accelerated. In February 2020, WTI was trading in the region of $45 and by late April oil futures traded below zero as dealers rushed to exit the market.
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Daily Wrap Up 07 September 2022
7 Sep 2022 05:20 PM |Equity markets saw a lot of volatility today as the latest trade data from China added to worries about the health of the global economy.
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Daily Wrap Up 18 August 2022
18 Aug 2022 05:05 PM |Stock markets in Europe bounced back today as last night’s Fed minutes contained some dovish nuggets.
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Daily Wrap Up 27 July 2022
27 Jul 2022 04:57 PM |Stock markets are pushing higher ahead of the Federal Reserve meeting, even though it is widely believed the bank will reveal a large interest rate hike.
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Daily Wrap Up 13 May 2022
13 May 2022 04:43 PM |Volatility is relatively low today as we near the close of trading. Equity markets are showing strong gains as bargain hunters have snapped up stocks.
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Daily Wrap Up 28 April 2022
28 Apr 2022 04:30 PM |The US dollar index came under a little pressure following the shock announcement the US economy contracted by 1.4% in the first quarter of this year, which was a big surprise as economists were expecting growth of 1.1%.
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Daily Wrap Up 30 March 2022
30 Mar 2022 04:31 PM |The optimism of yesterday has been replaced by renewed pessimism as continued Russian aggression is driving European stock markets lower.
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Daily Wrap Up 28 March 2022
28 Mar 2022 04:58 PM |Germany’s DAX, hit its highest mark since late February as the mood in Europe is optimistic, despite the fact the war in Ukraine is not showing any signs of ending soon.
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Daily Wrap Up 22 March 2022
22 Mar 2022 04:28 PM |The fact the EU have not slapped an embargo on Russian oil has helped stocks.
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