Brent is Stressed and Continues to Decline
The commodity market suffered another stress last week. On Monday, the situation reached stability, but it remains quite complicated; Brent is trading at $95.60. The asset closed last trading week near its 5-month lows. The key reason for these negative vibes is the same global expectations of a worldwide recession. Economic slumps all over the… […]
Weekly Economic & Financial Commentary. July Jobs Report Squashes Current Recession Fears
Summary United States: July Jobs Report Squashes Current Recession Fears Employers added over half a million jobs in July, which squashes arguments that the US economy is currently in recession. While other measures of labor market strength have shown more pronounced signs of slowing, the July jobs report puts further pressure on the Fed to […]