US Stocks and Crude Oil Hold Steadier a Day After Swinging Sharply

US stocks and crude oil hold steadier a day after swinging sharply

Wall Street and oil prices are holding steadier following their sharp swings the day before in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran. The…

Markets Trade Lower And Crude Oil Spikes

Unexpected shift in U.S./Iran peace talks sparks reaction. Micron’s officially in bear territory. Fed to release FOMC market minutes. Read more here.

If diplomacy fails, energy markets face another reckoning

(By Oil & Gas 360) – Markets have become remarkably efficient at pricing today’s headlines, but what they struggle to price is tomorrow’s uncertainty. Following months of conflict, supply disruptions, and volatile oil prices, the prospect of an uneasy ceasefire between the United States and Iran has offered financial markets a measure of relief. Crude prices have eased from wartime highs, tanker traffic through the Strait of Hormuz has begun to …

Oil Tests a Return of War Premium as Markets Await the Fed's Hidden Debate - ActionForex

Markets were driven by two competing sources of uncertainty today as Brent crude surged toward the $80 mark while investors awaited the release of the June FOMC minutes for the first real insight into Chair Kevin Warsh’s policy thinking. Dollar traded firmer alongside oil, while Kiwi outperformed following the Reserve Bank of New Zealand’s rate […] The post Oil Tests a Return of War Premium as Markets Await the Fed’s Hidden Debate appeared first…