U.K. CPI and PPI

Eye on The Fed, Alabama, and Some Data Releases

December 12, 2017

The Federal Open Market Committee begins a 2-day policy review that almost surely will lead to the third interest rate hike of 2017. The first two moves were enacted in March and June. This will be the final FOMC meeting presided over by Janet Yellen. A press conference is scheduled tomorrow, and new forecasts will […] More

Oil Retains $40-Plus Level

April 12, 2016

After closing above $40 per barrel on Monday, West Texas Intermediate crude oil extended its rebound by 0.6% to $40.59.  Investors are hopeful that upcoming talks between OPEC and Russia will yield an accord to freeze production. Signs of higher inflation contributed to a better investor mood as well. Swedish consumer prices rose 0.5% in […] More

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