Oil Yesterday’s bullish triggers for oil prices were quickly undone today. Oil prices declined after flows from the Druzhba pipeline resumed and preliminary analysis of the missile that killed two in Poland was likely an errant missile fired by Ukraine’s defense system. It looks like we aren’t seeing an immediate escalation from the Russians and […]
This bear market rally was about to run out of steam, but the Bank of Canada had other plans. A Canadian dovish surprise gave risky assets an unexpected boost. This bear market might last a little while longer, but traders can’t forget about what will drive the data-dependent Fed. Big-tech earnings are […]
US stocks got a boost from another round of decent earnings and as softening economic data that supports the argument for the Fed to downshift its tightening pace after next week’s policy meeting. Earnings from UPS, General Motors and General Electric did not unravel the optimistic outlook corporate America has been providing this earnings […]
OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss the UK PM resignation and what will come next, FX intervention, Snap earnings, and the week ahead.
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America...
