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Market Insights Podcast - A busy week with Tokyo CPI, China 2 Sessions, Fed Chair Powell testimony and US NFP

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and event. A busy week ahead across the globe, over in Asia, the key focus will be on Tokyo's core-core inflation rate (excluding food & energy) where the consensus is expecting an uptick from January's softer print of 2.2% y/y.

04-03-2024 19:21 GMT by Kelvin Wong

Brent Crude - Oil gives back gains after inventory data

EIA reported inventories rose by 12 million barrels last week Volatility remains amid uncertainty Inverse head and shoulders forms Oil prices remain very volatile and last week's unexpected and substantial inventory build, reported by EIA, further added to that. The price fell sharply after the data and continued earlier today before recouping those losses to trade flat on the session.

15-02-2024 08:33 GMT by Craig Erlam