New Overnight Developments Abroad - Daily Update
Inflation Up, Unemployment Down, and a Beige Book Report that Won’t Impede Fed Tapering
December 2, 2021
In overnight market developments, the price of WTI oil plunged over 4% to a 3-1/2 month low of $62.42 per barrel following the cartel’s decision to retain production increases that are to take effect next month, but that drop has been almost entirely reversed as the price moved back above $65. The dollar fell 0.4% […] More
