Month: September 2024

Oil Markets: OPEC’s Next Move Oil markets are under renewed pressure this morning following reports that OPEC+ plans to gradually increase production starting in October. This strategic decision, coupled with weaker-than-expected economic data out of China, has exerted downward pressure on oil prices, leading to concerns about the near-term outlook for the energy sector. As … Read more

Swiss Franc: Potential Catalyst Ahead Tomorrow’s Swiss CPI data release is shaping up to be a crucial event for currency traders, especially those focused on the Swiss franc. With market expectations leaning towards a softer inflation print, the data could have significant implications for the Swiss National Bank’s (SNB) upcoming rate decision at the end … Read more

Labor Market in Focus: Key Data Ahead As we embark on a critical week for financial markets, the focus is squarely on the US labor market. The Federal Reserve’s recent shift in emphasis from inflation control to employment stability has elevated the importance of this week’s job data. Starting with JOLTS job openings on Wednesday, … Read more