Oil prices sink under bad news out of the bond market

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Oil Notícia

Commodities,Unitedstates,SEO

Oil prices are retreating further on Thursday after bond traders on Wednesday took all asset classes for a rough ride.

Oil sinks back below $80, snapping technical support. Sluggish demand comes back into play as increasing bond yields risk Fed delaying the initial rate cut. The US Dollar Index edged up to 105.00 as the rate differential widens in favor of the Greenback. This week, the US bond market has seen quite a few big bond allocations, with bond traders starting to demand higher yields.

influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 14. in BR

Brasil Últimas Notícias, Brasil Manchetes