24th November 2021

  • Traders Dial Back Inflation Fears as Bets Mount on Hawkish Fed

Bond traders boost expectations for tighter Fed policy in 2022

Upcoming jobs and inflation data may help determine Fed path

https://blinks.bloomberg.com/news/stories/R318QRT0G1KX

  • Oil Steadies as Global Release of Strategic Reserves Underwhelms

U.S. announced 50 million barrels of stockpiles to be utilized

WTI futures trade above $78 after climbing 2.3% on Tuesday

https://blinks.bloomberg.com/news/stories/R3279ET1UM0W

  • Biden Sees Supply Logjams Easing, Oil Release Damping Prices

Stores are ‘well stocked with turkey,’ president promises

Biden touts oil reserves release despite gain in prices

https://blinks.bloomberg.com/news/stories/R31J7DT0G1KW

  • Supply Shortages Are Easing in U.S. and Getting Worse in Europe

Bloomberg Economics gauge shows modest improvement in U.S.

But in euro area and U.K., conditions are still getting worse

https://blinks.bloomberg.com/news/stories/R31CUTT0AFB4

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