Crude Oil Imports Surge While Product Imports Remain Mixed Crude oil imports surged by 1.2 million bpd to 7.7 million bpd, significantly above the four-week average of 6.6 million bpd.…
Tag: financial market
UK Inflation Rate Jumps to 2.3% Hitting the Brakes on a BoE Rate Cut
October’s higher headline and core inflation figures could give the BoE more reason to stand pat in December. Expert Views on the UK Inflation Report Michael Brown, Senior Research Strategist…
October Housing Permits, Starts Miss Estimates Amid High Rates, Bearish Trends
Housing Starts Fall Below Expectations Housing starts also disappointed, coming in at 1.311 million, below the consensus estimate of 1.34 million. This figure represents a 3.1% decline from September’s revised…
Eurozone Economy Expands by 0.4% in Q3 2024 but US Tariff Threat Remains
According to Eurostat, Ireland topped the Eurozone’s GDP table, with a quarterly growth of 2.0%. Cyprus and Lithuania joined Ireland in the top three, with their economies seeing growth of…