Tag
#Energy
Economy
The ECB and BoE Are Unlikely to Rush With Rate Hikes
Europe's two largest central banks kept borrowing costs on hold at their April meetings, but the direction of the next move is no longer ambiguous. Rising energy prices and sticky services inflation are forcing Frankfurt and Threadneedle Street to confront a question neither wants to answer: how much growth are they willing to sacrifice to keep inflation expectations anchored?
By Sloane Carrington
Commodities
PDBC Commodity ETF Surges 50% on Crude's Run to 98th Percentile
The Invesco PDBC commodity ETF has returned 50% over twelve months as crude oil climbed to the 98th percentile of its historical range. The rally, concentrated in energy futures, raises the question of whether the gains can hold.
By Reza Najjar
Commodities
US SPR loan: 53M barrels ease Iran oil shock
The Trump administration loans 53.3 million barrels from the Strategic Petroleum Reserve as Iran conflict pushes oil toward $115.
By Reza Najjar
