Month: August 2020

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WTI under pressure despite a lower US dollar at the start of the week. US oil production remains constrained after Laura’s progress through the Gulf. The price of oil is currently trading at $42.87 having travelled between a low of $42.58 and a high of $43.54, lower by 0.14%. Meanwhile, Hurricane Laura spared key energy
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Asian equities climb to start the week But the mood has been slightly tempered with going into the closing stages, with gains losing steam a little. That said, the performance on the day is solid – especially for Japanese stocks after the beating last Friday due to Abe’s resignation. The Hang Seng and Shanghai Composite
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