N.B.: Donald Trump (red) versus Kamala Harris (blue) opinion polling; Trump versus Joe Biden before 21 July 2024. Source: RealClearPolitics Polling.Either a Harris or a Trump presidency will be reflationary…
Tag: financial market
Core PPI Rises 0.2% In September, In Line With Analyst Consensus
Core PPI increased by 0.2% month-over-month, in line with analyst expectations. Year-over-year, Core PPI grew by 2.8%, exceeding the analyst estimate of +2.7%. Producer Prices data may surprise markets as…
EIA Natural Gas Storage Build Of +82 Bcf Exceeds Analyst Estimates
Natural gas prices were swinging between gains and losses as traders reacted to the report. The EIA report exceeded analyst estimates, which is bearish for natural gas markets. However, it…
Crude Inventories Increased By 5.8 Million Barrels
Crude oil imports declined by 389,000 bpd from the previous week, averaging 6.2 million bpd. Over the past four weeks, crude oil imports averaged 6.4 million bpd. Strategic Petroleum Reserve…