The week begins on a risk-off note

The week begins on a risk-off note

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Oil whiplash, Wall Street rebound, China’s export strength

Brent oil saw historic intraday swings yesterday, surging on supply fears before dropping sharply as the G7 discussed releasing reserves and the US president signalled the war could soon end. This shift helped European markets rebound from their lows and lifted US equities as saf ...  Show more

Oil surges after Iran names new supreme leader

This morning, Iran named Mojtaba Khamanei, the man President Trump said would be unacceptable in the post, as its new leader. The immediate market reaction was a spike in the price of Brent crude oil to nearly USD120 per barrel, and a pronounced selloff in Asian stock markets. Th ...  Show more

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