US
Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures....
Oil prices stay firm Oil prices remained firm overnight, finishing around 4.0% higher for the day after President Biden announced a unilateral ban on Russian energy imports. The move was well telegraphed, with oil markets having already moved higher this week in anticipation. What stopped any further squeeze was the entirely sensible decision by Europe […]
Oil powers higher All the headlines suggest oil prices will continue to go higher. Global energy supplies will continue to get tighter now that both the US and UK will ban Russian oil. The US took it one step further and also will ban Russian natural gas and other energy sources. Russia’s economy will take […]