Hints and tips:
...“Ms Yellen and Mr Fischer are viewed as being close and appear to share very similar views on both the monetary policy outlook and regulatory issues.”...
...Meanwhile, Stanley Fischer, the US central bank’s vice-chair, unexpectedly announced his resignation....
...Stanley Fischer, Fed vice-chair, is also due to speak on Friday....
...Brent, the international crude benchmark, settled at $51.33 a barrel, up 1.1 per cent, while US West Texas Intermediate was 1.2 per cent higher in late trade at $48.33....
...Shares in miners and energy groups are under pressure as base metals falter and Brent crude, which last week hit a two-month high on hopes for Opec-agreed production curbs, dips 2 per cent to $49.89 a barrel...
...Brent crude, the international benchmark, is up 0.3 per cent to $55.27 a barrel, while West Texas Intermediate is adding 0.4 per cent to $52.80....
...Markets also await remarks from Fed vice-chair Stanley Fischer and Chicago Fed president Charles Evans, both voting members of the monetary policy setting FOMC, who speak on Friday....
...Brent — which rose more than 8 per cent last week, hitting $51.22 a barrel in the process — the highest since June 10 — on Monday tumbled 3.4 per cent to settle at $49.16....
...Mr Fischer has led the charge in the past week-and-a-half in talking up the prospects of a rate rise in September....
...Brent crude, the international benchmark, was down 1.2 per cent on Tuesday at $48.55 a barrel, but slumped 3.4 per cent in the previous session after last week’s strong performance that saw it rise above...
...Brent is off another 0.1 per cent in the new session, changing hands at $48.30 a barrel....
...International standard Brent declined by 2.4 per cent to $49.51....
...The continent’s oil majors are underperforming as Brent crude follows up Monday’s 3.4 per cent drop with another 0.7 per cent fall to $48.84 per barrel....
...Brent crude, the international benchmark, was down 1.3 per cent today at $50.22 a barrel, while West Texas Intermediate was down 1.1 per cent at $48.01....
...The pan-European Stoxx 600 is up 0.2 per cent as energy stocks are underpinned by Brent crude gaining 0.3 per cent to $49.39 a barrel....
...Brent crude, the international benchmark, and West Texas Intermediate were both 0.5 per cent firmer at $51.79 a barrel and $50.21, respectively....
...Stanley Fischer, the vice chair of the Federal Reserve, subsequently said that Ms Yellen’s speech aligned with further interest rate rises this year....
...After the FTSE Asia-Pacific index gained 0.8 per cent, the pan-European Stoxx 600 is adding 1 per cent as energy stocks gain welcome Brent crude climbing 0.8 per cent to $51.92 a barrel....
...Brent crude, the international benchmark, was up 0.1 per cent today at $49.32 a barrel while West Texas Intermediate was 0.2 per cent higher at $47.08....
...Brent traded as high as $49.76 a barrel in early European trading before retreating to settle at $48.37, down 1.8 per cent on the day....
...Sentiment remained resilient in spite of a sharp downturn in oil prices, with Brent crude surrendering a rise above $52 a barrel, slipping back by 1 per cent to trade flat, before rallying again in the New...
...Brent crude, the international benchmark, is 0.1 per cent higher at $49.12 a barrel, while West Texas Intermediate is adding 0.2 per cent to $46.88....
...Or she could match the more hawkish tone from Stanley Fischer, the Fed’s vice chair, which would send rate expectations higher....
...The advance for the dollar put oil prices under pressure, after Brent crude earlier touched yet another six-month high within striking distance of the $50 a barrel mark....
...However, Wall Street managed to largely shrug off Mr Fischer’s remarks with participants perhaps exhausted by the events of the preceding week....
International Edition