Relief Rally Emerges as US Steps In to Stabilize Oil Flows.Global markets are attempting to recover from the shock of a brutal Asian session as trading moves into Europe. Major European indices have managed to stage a modest rebound, helped in part by strong policy signaling from the US aimed at stabilizing energy markets.
Could the War in Iran Aid the US Dollar in Reclaiming Its Safe Haven Status?.With plenty of variables in play, the future of the dollar appears to be positive, but with plenty of prospective complications looming for the currency.
Fed's Miran: Evidence that oil prices feed into core inflation is quite limited.Fed's Miran: Evidence that oil prices feed into core inflation is quite limited
US ADP jobs grows 63k, pay premium for job switchers falls.US private sector employment grew moderately in February, coming in stronger than market expectations. Figures from ADP showed payrolls increasing by 63k during the month, compared with forecasts of around 45k.