Crude Oil Posts Biggest Rally Since November 4 with CPI Volatility Ahead
US-based crude oil futures rallied a healthy 3.3 percent this past session against a backdrop of measures ‘risk appetite’. The chart for capital markets assets connects more readily to hope for a quicker downshift in inflation and pressure for the Fed to drop rates, but can crude oil draw the same connections?
US-based crude oil futures rallied a healthy 3.3 percent this past session against a backdrop of measures ‘risk appetite’. The chart for capital markets assets connects more readily to hope for a quicker downshift in inflation and pressure for the Fed to drop rates, but can crude oil draw the same connections?