Crude Oil Update: WTI Sell-off Pauses as the SNB Calms Banking Concerns
Oil markets appear eerily calm in the early London session as the Swiss National Bank eases some banking concerns. US crude stocks rise, adding to the selling pressure
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Oil markets appear eerily calm in the early London session as the Swiss National Bank eases some banking concerns. US crude stocks rise, adding to the selling pressure
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A tale of two central banks A key part of the central banker role is communication. Meetings take place infrequently, maybe 8 times a year, so in the gaps in-between, when trading days are long, markets lust for guidance in other forms. Policymakers are generally free between meetings to make speeches, give Q&As, do TV […]