Gasoline/GBP

UK Prime Minister Liz Truss defended a giant package of unfunded tax cuts which sent markets into turmoil this week, saying currencies and economies around the world face tough economic pressures. “We’re facing very, very difficult economic times, we’re facing that on a global level,” Truss said Thursday in a round of interviews with local BBC radio ...

WTI crude oil prices rallied 5 percent on Wednesday in the best daily move in over 4 months. Its climb was not an isolated event, however. Multiple assets rallied across financial markets over the past 24 hours in a synchronized systemic move. Looking at the chart below, we can see that oil gained alongside gold and S&P 500 futures. This is as the US ...