Weekly Fundamentals - Brent Slipped as US Plans Release of SPR

For the past week, bad economic data released in major economies surprisingly sent financial markets higher. While such reaction appeared peculiar, this was driven by market expectations of further stimulus from central banks. Investors largely believed that disappointing economic data would add pressure to policymakers so that they would feel the urgency of adding (unconventional) monetary easing measures.

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Weekly Fundamentals - Brent Slipped as US Plans Release of SPR