-BoE frets over furloughs -OPEC+ signals the end is near Expectations of a return to growth in the US manufacturing sector combined with a reported drain on US crude oil inventories helped give crude oil prices a lift in early Wednesday trading. Crude oil prices fell in the previous session after the top infectious disease … More The Daily Dose; Brent Just Can’t Catch a Break.
-The OPEC guessing game continues. -US labor pains may be over the hump. Equities futures were on the rise in early Wednesday trading on signs the US economy was recovering from pandemic-driven headwinds. Optimism was supported by word from Anthony Fauci, a front-line official on the US battle against coronavirus, that he was “cautiously optimistic” … More The Daily Dose; OPEC Doubts Drag Oil Lower.
-Signs of recovery are only a mirage -Brent takes a nosedive after grim US unemployment figures. Things are going to get messy. Stock indices from the United States to Europe were in rally mode as investors bet on a return to business activity in the eurozone and some US states. In energy, most segments of … More The Daily Dose
The GERM Report 