. . Market Sentiment Watch: Harvard says 34 states should not travel; market appears to be concerned about rising Covid numbers. Market is concerned about coming July nonfarm payrolls at the end of next week. More late stage vaccine trials are getting underway. Valero highlighted rising refined product demand. In today’s post please find: the […]
. . Market Sentiment Watch: Parts of Germany have reopened. Parts may need to be reshut but the country is looking to reopen borders by mid June, Parts of Italy are reopening faster than previously expected. In today’s post please find: the oil inventory review (better than expected report on the whole, net imports at […]
. . Market Sentiment Watch: Cautious market looking for a bounce after posting the worst single day loss in two years. In today’s post please find the early read on oil inventories, the very early read on natural gas inventories (consensus looking for a withdrawal modestly above last week’s pull as expected), comments on the […]
. . Market Sentiment Watch: Fed cut as expected, back to China focus now which is said to have cast doubt on a comprehensive deal with the U.S. overnight. In energy land another busy earnings day. In today’s post please find the oil inventory review (low quality miss on crude due to reversal off decades […]
. . Market Sentiment Watch: Energy earnings season starting to heat up. In today’s post please find the oil inventory review (slightly positive side of neutral report, crude improved to both year ago and five year average levels but this was a Barry impact skewed report and production which drove the monster crude draw will […]
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