The federal government faces a shutdown next week if Republicans and Democrats in Congress cannot agree on a spending plan. Moody’s has reaffirmed America’s credit rating to “negative” due to concerns about the nation’s worsening fiscal position and political polarization. The change, which falls short of a downgrade to the …
Read More »WTI Drops Over Zelensky’s Compromise Statements
Front-month WTI futures saw a sharp, sudden drop in recent trade, falling from the $116/barrel area to print daily lows in the $104/barrel area in a matter of minutes, before recovering to around $110 once more where it now trades down over $14 on the day. Ukrainian President Volodymyr Zelenskyy …
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