The API survey dampens sentiment
Crude prices remained at 69 $/b for the September ICE Brent contract, as the API survey showed stock builds in the US, whereas the market…
Asian stocks retreated as US bond yields continued their upward trajectory, with the 10Y Treasury note solidified at a 1.73% yield, discounting future cash flows for growth stocks. The Eurodollar’s weakening continues, at 1.707 while the Yen depreciated by 0.5%.
Get more analysis and data with our Premium subscription
Ask for a free trial here