Back in July there was considerable hand-wringing about US oil demand cratering because of high prices. That went against decades of data showing the elasticity of oil demand.In any case, the EIA is...
This was on CNBC but I wanted to highlight it as US equities stage a bit of a comeback (S&P 500 decline down to 13 points).Each week the American Assocition of Individual Investors...
US officials are out with a clumsy statement about a 10 million barrel SPR release in November. The statement sounds like it will add another 10 million barrels but it's just changing the...
Markets:WTI crude oil up $0.21 to $85.30US 10-year yields down 1 bps to 3.45%Gold up $10 to $1673S&P 500 down 28 points to 3873, or 0.7% -- down 4.8% on the weekNZD leads,...
Markets:S&P 500 up 61 points, or 1.5%, to 4067US 10-year yields up 2.5 bps to 3.31%WTI crude oil up $2.78 to $86.32Gold up $8 to $1715AUD leads, USD lagsThe economic highlight was the...
TD Research discusses its expectations for tomorrow's ECB policy decision."The outcome is near a coin toss, but ultimately we sit (just) on the 50bps hike side for September's decision.
Both outcomes are likely...
