WTI holds below $78.00, US PCE data looms
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.75 on Thursday.
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Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.75 on Thursday.
Federal Reserve officials are keen to start debating their balance sheet run-down endgame, but benign market conditions, recent central banker comments and bond dealer estimates now suggest the process may run longer than previously thought. One factor driving the rethink is a puzzling bout of better-than-expected liquidity conditions in U.S. short-term financing markets that has for now at least forestalled a run of volatility that some on Wall Street had expected to force the Fed's hand into stopping the balance sheet shrinkage effort known as quantitative tightening. On top of that, ...
Federal Reserve officials are keen to start debating their balance sheet run-down endgame, but benign market conditions, recent central banker comments and bond dealer estimates now suggest the...
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The US Dollar Index (DXY) rebounds to nearly the 104.00 mark during the early European session on Wednesday.