The price of Brent crude oil has stabilised at around $105/b
There has been very little change in oil prices since their sharp decline following the announcement of the use of US strategic reserves. The price of…
The Fed expressed more optimism about economic prospects, no worry about raising bond yields and saw no need to hike rates before 2024. The markets’ reaction was rather calm, but the USD plunged and the EUR/USD exchange rate rebounded unexpectedly from 1.19 to 1.1980.
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