The Commodities Feed: Trump’s Venezuelan Oil Tanker Blockade
The oil surplus environment saw Brent trade down to its lowest level since February 2021 yesterday. However, prices are finding better support in early morning trading today, with Venezuelan supply risks growing
Mixed Markets Reflect Weaker Jobs, Still-Strong Consumer
Markets were mixed today — mostly down but for an uptick on the tech-heavy Nasdaq, partly thanks to good news from Tesla on its robotaxi until helped the stock rise +3% today, to a new all-time closing high.
GBP/USD Gains Ground Above 1.3400 On UK PMI Optimism
The GBP/USD pair gains momentum to around 1.3425 during the early Asian session on Wednesday.