Diesel deficit growing in the Atlantic basin
According to the API industry survey, US crude stocks built by 5.2 mb w/w, while Cushing stocks dropped by 2.2 mb, lending support to the…
Markets are pausing, weighing prospects of stronger fiscal stimulus in the US against the acceleration of the spread of the pandemic, especially in Europe, where lockdown measures are being reinforced and extended. Some Fed officials also calmed down talks about a reduction in bond purchases as soon as this year, therefore helping to stop both the bond yields and the USD ascent. The EUR/USD is trading above 1.22. Donald Trump denied having done anything wrong last week, but should be impeached a second time.
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