Mexico’s central bank, Banxico, cut its key rate by 0.5% to 9.00% amid further declines in inflation and signs of continued economic weakness earlier this year.
Natural gas prices stalled at the 50-day EMA amid seasonal and economic headwinds, with traders eyeing potential declines toward $3.50 as demand eases.
US markets closed green as investors reacted to mixed signals. Uncertainty persists amid inflation worries and cautious Fed comments. Asian markets mixed.
Keep that heavy oil flowing but at a price. President Trump devised a strategy to maintain pressure on Venezuela while continuing the flow of Venezuelan oil.
Energy royalty companies’ cash flows depend not just on realized selling prices from what’s pumped and/or mined from their lands. They’re also affected by the production decisions of the companies operating on their lands.
U.S. markets rose after Fed holds rates steady and projects slower growth, higher inflation. Dow, S&P 500, Nasdaq post gains. Markets react to tariffs and inflation uncertainty.
US markets closed in red, Fed expected to hold rates steady, Trump and Putin agreed to limited Ukraine ceasefire. US data showed strong results. Most S&P 500 sectors down, energy & healthcare up. Asia markets mixed, Europe up. Commodities down, USD slightly up due to recession fears and tariffs.
