Tag: Challenger

The Daily Dose; Ready for another go at negativity

October 1, 2020

-The “P” work strikes again -We could be in for a rough financial winter   Crude oil prices were moving into negative territory early in the Thursday session in response to another wave of furloughs and a messy British divorce from the European Union. As expected, oil prices bounced higher after reports of another drain … More The Daily Dose; Ready for another go at negativity

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.