periphery-spreads

Europe’s Inflation Math Shifts as Oil Drops and Gold Climbs

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Europe's Inflation Math Shifts as Oil Drops and Gold Climbs

What Happened West Texas Intermediate crude fell 3.74% on June 28 to settle at $69.23 a barrel — one of its sharper single-session declines in recent months. The move did not drag broad risk assets with it: the S&P 500 finished nearly flat at 7,354.02 (−0.06%), while the Nasdaq gave back 0.70% to 25,297.62. Gold … Read more

Iran Deal Hands Europe an Energy Windfall — and ECB Options

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Iran Deal Hands Europe an Energy Windfall — and ECB Options

Snapshot US President Donald Trump declared a US-Iran agreement “all signed” on Sunday, and markets wasted no time repricing risk. WTI crude dropped 5.17% to $80.49 per barrel — a swift, decisive move that cascaded through every major asset class by Monday’s session. The S&P 500 gained 2.29% to 7,563, the Nasdaq surged 3.33% to … Read more