UMich consumer sentiment data • Prelim was 63.4 • Prior was 67.0 • Current conditions 66.3 vs 66.4 prelim (70.7 prior) • Expectations 59.2 vs 61.5 prelim (64.7 prior) • 1-year inflation 3.6% vs 3.8% prelim (4.1% prior) • 5-10 year inflation 2.9% vs 2.8% prelim (2.9% prior) I think you can see the impact of the SVB failure and bank run in these revisions. ...
The West Texas Intermediate Crude Oil market has been slightly positive during the trading session on Thursday, but still looks as if it has a bit of negativity attached to it. Because of this, I think you’ve got a situation where the market is more likely than not going to continue to struggle, therefore I think you need to pay close attention to any signs ...
A US judge ruled against Argentina and in favor of entities funded by Burford Capital on claims the South American nation failed to pay fair value to shareholders when it nationalized the gas and oil company YPF SA in 2012. US District Judge Loretta Preska Friday ruled in favor of the Spanish companies Petersen Energia Inversora S.A.U. and Petersen Energia ...
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