Tag: stimulus

The Daily Dose; Second Economic Verse, Same as The First

July 16, 2020

-US jobless claims a bit worse than expected. -China posts growth in the second quarter. The market is having a latent response to the decision from OPEC to ease back on production curtailments, with Brent erasing gains from a previous session spurred by supply-side data. OPEC’s secretary general on Wednesday credited coordinated restraint along multilateral … More The Daily Dose; Second Economic Verse, Same as The First

The Daily Dose; Brent Again in Retreat.

June 26, 2020

-Another US energy company bites the dust -Brent prices avoided a milestone, but just barely Crude oil prices were supported, but just barely, in early Friday trading on expectations that global policymakers would keep their foot on the stimulus pedal, despite worrying signs of new COVID-19 cases and waning demand in Asia. Brent crude oil … More The Daily Dose; Brent Again in Retreat.