Daily Oil Fundamentals
FOMC worries the market
17 Aug 2023FOMC worries the market
A reported divided view in the minutes from July’s FOMC meeting continues to haunt markets and the risk-off attitude sees a follow on into today’s session.
Daily Oil Fundamentals
Diverging Paths
16 Aug 2023Diverging Paths
It is US versus China. It is inflation against deflation. It is buoyant retail sales here, sluggish reading there. The US is expected to weather the period of inflation, possibly without falling into recession, China is struggling to revive its economic fortunes.
Daily Oil Fundamentals
China in focus, again
15 Aug 2023China in focus, again
Technical analysts will be happy with a performance from oil yesterday that involved a bounce from a key technical indicator in the 13-day moving average.
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