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Podcast - Debt deal angst, RBNZ all done with tightening, hot UK inflation, improving oil fundamentals

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. They give the latest update with debt ceiling talks, discuss the end of RBNZ tightening, a hot UK CPI report, and why oil prices are rising.

24-05-2023 16:20 GMT by Edward Moya

Energy Prices remain strong as most commodities weaken on debt deal and growth concerns

EIA Report: Inventories fall by 12.46 million barrels vs 932K expected build Gold struggles as sticky inflation could support Fed skip Global crypto market cap falls to $1.1 trillion Oil Oil is starting to turn bullish as demand shows signs of improvement also while energy traders heed the Saudi warning given to short-sellers. The EIA crude oil inventory was mostly bullish as demand improved across crude, distillates and gasoline. Crude has been dragged down as debt ceiling talks are still h

24-05-2023 16:00 GMT by Edward Moya