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Dan Eight News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BLOOMBERG Bloomberg July 3, 2024

Brent crude hitting 95 a barrel since the november of last year things to a tight physical market. It could return to 100 a barrel. We are certainly moving in that direction. The momentum of supply is tightening. Inventories are drawing. Kriti in asia, stocks falling on concern that global Central Banks will stay hawkish. This central bank kicking office twoday meeting today. In the u. S. , the United Auto Workers union will begin its strike at the big three carmakers if no serious progress is made by friday. A lot of geopolitics and Monetary Policy will weigh on the data. Lets check on markets because futures are fluctuating. You are seeing divergence between the europe pm story as well as the u. S. Story. Not a ton of movement. This is why they emphasize the word fluctuation because take a look at what euro stoxx 50 futures are doing, not a ton of market reaction. Same thing with ftse 100 futures although perhaps outperformance in the u. K. Yesterday, the dynamic was flipped, the bro

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