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Oil traders are flocking to options betting on a decline in Brent crude, with bearish wagers surging to unprecedented levels as investors reposition after a blistering rally in recent sessions.
With millions of South Koreans set to hit the road this week during a three-day public holiday, the government is extending fuel-price caps, cushioning households from an energy shock that has pushed global oil prices above $100 a barrel.
The post Matthew Bryza joins Azerbaijan’s ARB TV 24 about new transport corridor investments helping to bolster peace between Azerbaijan and Armenia appeared first on Atlantic Council.
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Nasdaq hits intraday record high on tech boost, Mideast negotiation hopes Reuters
Federal Reserve Bank of Richmond President Tom Barkin warned it could take time for inflationary shocks to wane and there is a risk elevated pressures could become entrenched.
Private credit default rates vary widely depending on who’s counting, making the true level of distress tough to gauge. Bloomberg’s Kat Hidalgo breaks down the confusion on Bloomberg Open Interest. (Source: Bloomberg)
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Controversy surrounding campaign for state oil regulator could undermine support for Donald Trump’s party in the midterms
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ECB, EU central banks oppose stablecoin bank deposit rule Reuters
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‘Dismal’ £18bn figure for August comes as inflation drives up government spending