Market anticipates ECB monetary tightening
Over the last two days, the German 10 year bond yield has increased by 7bp while the US 10 year is only up 3bp and…
ICE Brent crude prompt contract remained under pressure, at 62.7 $/b, as gloomier economic prospects and low volatility dented financial flows in the market, with money managers exiting the market at a fast pace. Indian refined product sales declined by 0.1 mb/d in March when it is usually a strong month for Indian oil demand.
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