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Oil keeps climbing, gold steady
Oil rises once again in Asia Despite the noise in equity and bond markets overnight, the panic in oil markets continues with prices rallying aggressively once again. Brent crude leapt 6.80% higher to USD 114.50 a barrel overnight, while WTI rallied 4.75% to USD 111.40 a barrel.
by Jeffrey Halley
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Market Insights Podcast (Episode 301)
Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead. Today we look at market developments in Asia following a relief rally on Wall Street overnight. Notably, oil prices have continued flying in Asia and much of the podcast ponders the fallout from spiralling commodity prices, notably stagflation or not.
by Jeffrey Halley
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