WTI oil's $5 gap explained by futures contract rollover
A $5 overnight drop in WTI crude oil was due to futures contract rollover, not a selloff. The price difference reflects separate delivery months.
Crypto, forex and global macro markets — insight to help you spot the opportunity
A $5 overnight drop in WTI crude oil was due to futures contract rollover, not a selloff. The price difference reflects separate delivery months.
European stocks opened slightly lower Friday as profit-taking set in after a post-Fed rally; BOJ raised rates to 1.25%.
BOJ Governor Ueda highlighted spring wage talks for FY2027 as key for inflation trends, and said policy will not be swayed by board changes.
BOJ Governor Ueda stated the bank will continue to raise rates in response to economic and price developments, noting inflation overshooting risks.
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Grayscale's Pandl says Fed's mid-cycle adjustment won't drive major crypto shifts.
UK retail sales rose 0.5% in August, exceeding expectations, as department stores and non-store retailers recovered.
UK August retail sales rose 0.5% month-on-month, beating expectations for a 0.2% decline.
Bank of Japan raised its benchmark rate to 1.25% on Friday, the highest since 1995, as energy costs pressure economies.
The BOJ's rate hike to 1.25% was accompanied by two dissenting votes, putting Governor Ueda's press conference in focus.