Oil Price Update: Demand Fears Outweigh Conflict Concerns
Brent crude and WTI struggle to recover lost ground after European data re-emphasized growth concerns. US storage data out at 14:30 (GMT)
Source: dailyfx.com
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Brent Crude Oil Set for Second Weekly Advance as Tensions Ramp Up
Fighting continues at Israel’s northern border as the threat of a wider conflict remains a major risk. Oil markets brace for higher prices, upside risks to inflation
Source: dailyfx.com
Oil Price Update: EIA Inventory Drawdowns add to Oil's Bullish Outlook
Oil tailwinds accumulate as US crude storage data confirms further drawdowns. Shell had to halt some operations at Europe’s biggest refinery, adding to price pressures
Source: dailyfx.com
Yen Price Outlook: USD/JPY Upside Back in Play, EUR/JPY Vulnerable
USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations
Source: dailyfx.com
Oil Prices Stabilize Ahead of Powell's Jackson Hole Speech on Friday
Declining US yields and the US dollar have helped oil prices recover some of the recent losses. Greater-than-expected EIA crude drawdowns help lift US crude
Source: dailyfx.com