Morgan Stanley raises near-term Brent forecasts as geopolitical risk premium is likely to persist, but expects prices to fall below USD 60/bbl later this year
Morgan Stanley's upgrade of near-term Brent forecasts indicates elevated geopolitical risks are sustaining prices, reflecting a shift in market sentiment.
Iran is to announce major structural and administrative decisions in the defence sector to respond to new threats, Iran's Noor News reports
[MARKET ANALYSIS] Precious metals continue to rebound with spot XAU returning above USD 5k/oz
Morgan Stanley raises near-term Brent forecasts as geopolitical risk premium is likely to persist, but expects prices to fall below USD 60/bbl later this year
Panasonic's (6752 JT) CFO says that personnel reduction is likely to extend to 12k
Ukrainian peace negotiators have arrived in Abu Dhabi and have started their first meetings, IFX reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
However, their expectation for prices to dip below USD 60/bbl later this year suggests a possible normalization in supply-demand dynamics, which could impact inflation expectations and related FX markets. Traders should monitor how sustained geopolitical tensions influence this outlook and the broader commodity landscape.
Related headlines
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 1 day ago
- Newsquawk European Market Wrap - 4th September 20261 day ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- US FX WRAP: Dollar gains on better-than-expected NFP report1 day ago
- Trump administration drafting post-war Middle East plan, reports Axios1 day ago
- [MARKET ANALYSIS] G10FX quiet into US Payrolls; JPY underperforms2 days ago
- US President Trump says have right to put tariffs on nations like Switzerland; have the right not to trade with financial elite countries1 day ago
- US President Trump posts "Great jobs number just announced, breaking all estimates"; renewed calls for sharply lower interest rates and threatened to halt trade with countries running surpluses against the US if rates remain high1 day ago
- Wacker Chemie (WCH GY) is reportedly considering closing its US plant after US President Trump's trade policy has driven customers away, according to sources1 day ago
- Newsquawk Weekly Economic Calendar - 6th-11th September 20261 day ago
- [MARKET ANALYSIS] European bourses trade on the backfoot ahead of US NFP; VOW3 GY approves Future Plan 20302 days ago
- EU industry chief ditches proposal to use trade measures to curb aluminium scrap exports; preparing a delegated act to ban exports of waste, including aluminium scrap1 day ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT1 day ago
- [MARKET UPDATE] Despite strong US Jobs report, JPY sees strength against all peers; USD/JPY pares initial kneejerk higher and returns to yesterday's 155.22 low1 day ago
- BoE Governor Bailey says Fed Chair Warsh is "right to see some dangers in forward guidance"1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 6 TICKS LOWER AT 107-151 day ago
- US BROKER MOVES: SHEL upgraded at Morgan Stanley; PATH downgraded at Canaccord1 day ago
- Citi expects the Fed to cut rates by 25bps in June, September and December 2027 (prev. saw cuts in October & December 2026, and January 2027)1 day ago
The whole workspace, free to try.
Try it free