Tag: BOE

The Daily Dose; Jobs, jobs jobs jobs jobs.

August 6, 2020

-US employment figures mask underlying weakness -Oil market downturn means some reserves no longer count. Crude oil prices moved largely on US news in the previous session, with another sizeable draw on commercial crude oil inventories supporting the bulls. The direction for commodities was determined again by the US economy on Thursday, with weekly jobless … More The Daily Dose; Jobs, jobs jobs jobs jobs.

The Daily Dose

May 7, 2020

-A rolling recovery will separate the winners from the losers -Saxo Bank: Oil prices are at a point where cheating becomes attractive to producers Crude oil prices were in rally mode early Thursday on continued signals that some parts of the global economy are opening back up. China announced further stimulus efforts that it said … More The Daily Dose