-Norwegian strikes could end by the weekend -US tariffs are biting at home While Hurricane Delta has sidelined almost all of the oil production in the US waters of the Gulf of Mexico, crude oil prices were in retreat in early-trading Friday. A double-digit rally on the week and signs that a labor strike … More The Daily Dose; Rally eases on possible Norwegian breakthrough
-Profit-taking may be in play -Markets shrug off Hurricane Delta Crude oil prices were moving in negative territory after already-fading hopes for a US stimulus package ended. That came after warnings from the top bank official about necessary support. Across the Atlantic, meanwhile, and there are signs the European economy may be facing some … More The Daily Dose; Trump breaks the economy
-Hurricane threat adds to bullish sentiment -IMF warns of a bumpy road to recovery Crude oil prices continued to rally early in the Tuesday session, though it had little to do with the health of the US president this time around. Hurricane Delta has already prompted some companies to shield their assets and personnel … More The Daily Dose; Risk-on, but it’s temporary
The GERM Report 