Hints and tips:
...Oil prices jumped following the reports, with Brent crude retreating after touching $90 overnight. Brent crude is now trading at $88....
...Meanwhile gold rose 0.4 per cent while Brent crude advanced more than 1 per cent as traders assess the impact of increased tensions....
...Oil prices jumped on news of the strikes, but have since eased and Brent crude is now down 0.6 per cent at $86.6....
...Shell: Shares in the Anglo-Dutch natural resources company slipped 1.3 per cent in early trading as the price of Brent crude dipped below $80 a barrel....
...“The US is its own special case with very loose fiscal policy and now tight monetary policy, which is a recipe for a stronger dollar,” said Quentin Fitzsimmons, a senior portfolio manager at T Rowe Price...
...Tomasz Wieladek, economist at the investment company T Rowe Price, said the survey reflected the rise in prices at the petrol pump, which rose by 13 per cent since August....
...Tomasz Wieladek, chief European economist at T Rowe Price, noted that global shipping has also been under pressure from a drought in the Panama Canal, which has reduced transit slots....
...Ingvild Borgen is a rates and FX analyst and Kelly Chen is an economist at DNB Markets....
...“The reaction is pretty surprising,” said Tim Murray, multi-asset strategist at T Rowe Price....
...The spot price for Brent crude, which is also under pressure from the war in Ukraine, slipped 2.8 per cent to $71 cents a barrel on Monday after a frantic weekend of negotiations led to UBS agreeing to acquire...
...Brent crude rose above $90 a barrel this week, its highest level since last November....
...Some of the gains have come from early bets on new fund managers, including the former star T Rowe Price stock picker Henry Ellenbogen’s Durable Capital Partners, according to people familiar with the investments...
...Claudio Galimberti of Rystad Energy notes that a deeper, more liquid Chinese market would need to evolve to draw traders away from trusted Brent....
...The price of Brent, the international oil benchmark, settled at $113.12 a barrel, down about 5.5 per cent on the day....
...While Jemima Kelly does not defend Kardashian, she writes that regulators should keep an eye on more egregious crypto behaviour....
...Southwest trades contracts linked to West Texas Intermediate or Brent crude oil as a proxy for jet fuel....
...said David Kelly, chief global strategist at JPMorgan Asset Management....
...FT Alphaville reporter Jemima Kelly casts an eye over some rather dubious claims and serious crimes against charts....
...the post-second world war era “The prospect of an end to the pandemic and strong economic recovery are, of course, very welcome and have contributed to stock market gains so far this year”, said David Kelly...
...Brent crude, the global benchmark, settled 0.2 per cent higher at $65.37 a barrel. Germany’s Xetra Dax, meanwhile, was off 0.6 per cent....
...Dialled back expectations for a large fiscal stimulus in the US have helped keep yields on the 10-year US Treasury in check, said Tim Murray, capital markets strategist at T Rowe Price....
...Chris Ralph, chief global strategist at SJP, said Ms Yellen “will be seen as a very safe pair of hands”, with Republicans more likely to be constructive in discussions about a stimulus deal, while David Kelly...
...John Lewis is a company of lifelong employees: at its London Brent Cross store, the average tenure is 16 years. Today, none of the partnership’s seven top managers was in their role two years ago....
...“The market is disappointed,” said David Kelly, chief global strategist for JPMorgan Asset Management....
International Edition