Waiting for the Fed

Apart from the continued increase in oil prices, the market is fairly calm. The Fed meeting ends today with its traditional press release and Mr. Powell press conference. The likelihood of a really big surprise is very low, but Fed members’ forecasts should nevertheless point to earlier monetary tightening than previously expected. The USD is stable, around 1.2120 vs the euro.

Share this news :

You might also read :

December 12, 2022

The shadow of recession cools markets

Macro & Oil Podcast #8 In this EnergyScan podcast, Olivier Gasnier tells us about the publication of several economic indicators last week fuelled market fears…
ES-oil
June 20, 2022

Oil prices fell heavily on Friday

Oil slumped on Friday: ICE Brent front month dove by 5.6%, to settle at $113.12/b and NYMEX WTI plunged by 6.8% to reach its lowest…
ES-oil
July 1, 2021

OPEC views diverge

The EIA confirmed a decline in commercial crude stocks of about 6.7 mb, maintaining September delivery ICE Brent contracts at elevated levels, 74.5 $/b. There…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]