Energy

Oil Up, Wall Street Up, Pizza Index Flat

Wall Street has reacted positively to the extension of the U.S.-Iran ceasefire. The S&P 500 and Nasdaq both closed at record highs....

Losses and gains kept in check

Crude prices surged yesterday, with West Texas Intermediate (WTI) futures jumping 6% to trade above $89 per barrel....

California gasoline squeeze coming?

U.S. Energy Secretary Chris Wright said on Sunday that he believes U.S. gasoline prices have peaked. But added they could remain above $3 a gallon until 2027....

Yes…this matters for the US dollar

Williams flagged cybersecurity risks tied to Anthropic’s Mythos model as his biggest systemic concern. Whether it's a real risk or not, it's great marketing for Anthropic....

Stocks post record run… but WTI confirmation is weak 

Excluding one down day, stocks have posted an extraordinary 10 day rally and are now on pace for their best 11 day stretch in history....

Do GBP and EUR deserve to be back to old levels?

The euro is back to where it was on February 28. But the rebound in EUR/USD does not mean Europe’s macro risks have gone away. The euro zone is still highly exposed to imported energy costs...

Keir Starmer is “fed up”

British Prime Minister Keir Starmer said he is “fed up” with seeing UK energy bills constantly rise and fall....

Has the RBNZ failed to guard against renewed inflation risk?

Following the RBNZ’s decision to leave the cash rate unchanged at 2.25%, Governor Anna Breman said that earlier rate cuts are still flowing through the economy and providing stimulus....

RBNZ hold expected as oil complicates inflation outlook

Most market commentators expect the RBNZ to leave the official cash rate unchanged at 2.25% in today’s review....
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