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Oil and gold pare losses

Lots of noise, little substance for oil Oil prices did the Neville Chamberlain's “peace in our time” gag reflex overnight after Russia’s “reduced operations” comments. Oil prices traded in a 10-dollar range and initially tumbled after the announcement, Brent crude touching USD 105.00, and WTI USD 98.50 a barrel.

30-03-2022 04:19 GMT by Jeffrey Halley

“Reduced operations” sparks Neville Chamberlain relief rally

Ukraine talks send equities up, dollar down I mentioned yesterday that even the slightest hint of any good news emerging from the Ukraine-Russia talks would spark a relief rally. So, it came to pass as Russia offered to “reduce operations” in the north of Ukraine around Kyiv.

30-03-2022 03:52 GMT by Jeffrey Halley