Concerns about over an imminent recession have receded, allowing riskier assets to recover, however, the oil market continues to price in concerns of lower global demand
Source
IG Retail Sentiment Snapshot: Oil, AUD/USD and DAX
access_timeNovember 21, 2024
Latest:
- Crude Oil Technical Analysis – We are stuck in a range
- Gold Technical Analysis – New highs as rate cuts repricing pauses
- Fed’s Williams: The disinflationary process will continue
- BOJ governor Ueda: We don’t make comments on short-term FX moves
- ECB’s Villeroy: The balance of risks on growth, inflation is shifting to the downside
- BOJ governor Ueda: We have seen how technology has diversified financial intermediation
- Federal Reserve speakers Thursday include Hammack, Goolsbee, Barr
- There are at least 10 European Central Bank officials speaking on Thursday
- Bank of England’s Catherine Mann speaking Thursday
- CHF traders note – Two Swiss National Bank speakers due Thursday, November 21
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