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19 Oct 2022

US President Joe Biden: US is to sell 15 mln bbls of crude oil from the SPR

US President Joe Biden said the US is to sell 15 million barrels of crude oil from the SPR.

Key notes

  • Could also make extra oil available for sale if needed.
  • To refill SPR when us oil prices are ‘at or below $72/bbl’.
  • More to come...
Oct 19, 2022

Fed's Kashkari: Yet to see evidence core inflation has peaked

Minneapolis Fed President Neel Kashkari is participating in a public Q&A session as part of a weekly series hosted by Travelers. Travelers Institute P
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Oct 19, 2022

AUD/USD extends decline from 0.6330 high to 0.6250 area

The aussie retreats from 0.6330 and reaches 0.6250 low. The greenback rallies on Fed tightening hopes and higher US yields. AUD/USD might revisit 202
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