Is this the end of several weeks of declines in oil prices?
U.S. crude oil inventories fell by 1,4 million barrels last week to 459,5 million. This is more than analysts' expectations. Here, a decrease of 1,1 million was expected. The market ignored the increase [...]
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9 May 2024
Will the Bank of England announce interest rate cuts? in June?
At 13:00 p.m. we will know the Bank of England's decision on the interest rates. Inflation for March in Great Britain was 3,2% y/y, but it is speculated that the April reading, which will be released later this month, may [...]
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8 May 2024
Wall Street in consolidation. Tomorrow there will be a decision by the National Bank of Poland and the BoE
Wall Street was in consolidation mode on Tuesday. Volatility on the indices remained low after previous dynamic increases. In turn, the dollar slightly strengthened after the words of Neel Kashkari from the Fed, [...]
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8 May 2024
Reflection of the dollar rate on the currency market
The US dollar is regaining some ground after the fall that hit the world's reserve currency last week. The combination of weaker NFP data and a narrative built by Powell that is in line with expectations [...]
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