9/14 Daily Report Oil Surges 3%!!!
A Saudi pipeline incident happened
Reports say it could lead to
a global loss of 4% of oil supply
This is the most specific
supply-loss figure so far
Crude oil jumped immediately by over 3%
Nasdaq futures fell by more than 1%
U.S. Energy Secretary also poured cold water:
Don’t expect a breakthrough in the Strait issue anytime soon
On the other side
Trump keeps pushing calls for rate cuts
“America should have the lowest interest rates in the world”
Last week the PPI announcement already scared everyone
This week the talk of rate cuts is back again
Signals from both bulls and bears appear at the same time
This is when judgment is most tested
#Oil #MiddleEastSituation #Fed
A Saudi pipeline incident happened
Reports say it could lead to
a global loss of 4% of oil supply
This is the most specific
supply-loss figure so far
Crude oil jumped immediately by over 3%
Nasdaq futures fell by more than 1%
U.S. Energy Secretary also poured cold water:
Don’t expect a breakthrough in the Strait issue anytime soon
On the other side
Trump keeps pushing calls for rate cuts
“America should have the lowest interest rates in the world”
Last week the PPI announcement already scared everyone
This week the talk of rate cuts is back again
Signals from both bulls and bears appear at the same time
This is when judgment is most tested
#Oil #MiddleEastSituation #Fed