CRUDE WRAP: WTI (H6) SETTLES USD 3.07 LOWER AT 62.14/BBL; BRENT (J6) SETTLES USD 3.02 LOWER AT 66.30/BBL
The sizable drop in WTI and Brent prices signals significant bearish sentiment in the crude market.
US President Trump says working hard with Speaker Johnson to get the current funding deal, which passed in the Senate last week, through the House and to my desk, where I will sign it into law, immediately
US Treasury says it expects to borrow USD 574bln in Q1 (prev. 578bln, exp. 550bln), sees end cash balance of USD 850bln; to borrow USD 109bln in Q2, sees end cash balance of USD 900bln
CRUDE WRAP: WTI (H6) SETTLES USD 3.07 LOWER AT 62.14/BBL; BRENT (J6) SETTLES USD 3.02 LOWER AT 66.30/BBL
Israeli officials estimate that US President Trump will launch an attack on Iran, Al Hadath reports; Negotiations with Iran are expected to reach an impasse
Fed SLOOS January: Regarding loans to businesses, survey respondents reported, on balance, tighter lending standards for commercial and industrial (C&I) loans to firms of all sizes
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This decline may reflect a combination of geopolitical tensions and demand concerns, impacting inflation expectations and potentially influencing central bank policy decisions on interest rates.
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