[MARKET UPDATE] Downside across crude continues despite a lack of fresh drivers; Brent Jul'26 fell from USD 104.80/bbl to USD 104/bbl over 30 minutes; equities grind higher as a result
Crude prices are trending down, with Brent crude slipping from $104.80 to $104 per barrel, indicating weak demand or potential oversupply despite no new catalysts driving the decline.
Russia is looking forward to direct contacts with Chinese President Xi that are not linked to US President Trump’s visit to China, TASS reports
UK Health Minister ally says to Sky's Rigby, Streeting has not decided to trigger a challenge/immediate contest, PM Starmer needs to set out a timetable; Mail's Hodges says "I am told the bulk of the cabinet will now move in behind this position as well"
[MARKET UPDATE] Downside across crude continues despite a lack of fresh drivers; Brent Jul'26 fell from USD 104.80/bbl to USD 104/bbl over 30 minutes; equities grind higher as a result
Fiserv (FISV) FY adj. EPS view 8-8.30 (exp. 8.13)
Allies close to UK PM's Chief Secretary Jones, say he is backing the PM and wants to get on with the job (contrasts earlier reporting), Bloomberg's Mayes reports
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This price action may signal a shift in market sentiment that could impact inflation expectations and risk appetite, leading equities to grind higher as investors seek alternative gains amidst commodity weaknesses.
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