
Latin American currencies fell in a virus-driven rout, and Chile's central bank cut its policy rate. The Fed cut rates by 100 basis points to near zero and pledged at least $700 billion in asset purchases, while Brent fell 10% and U.S. crude dropped below $30.
Falling crude prices and worries about Pemex's finances weigh on energy and emerging-market demand, which is bearish for oil. Global easing and currency weakness shape the trade backdrop for feed commodities.
Nach 565 vergangenen Ereignisse (bearisch, Makro) bewegte sich Rohöl (WTI) im Median über 5 Handelstage um -1,4 % (41% höher; mittlere Hälfte -5,9 % bis +3,0 %) und über 20 Handelstage um -0,5 %.
Nach 312 vergangenen Ereignisse (bearisch, Makro) bewegte sich Rohöl (Brent) im Median über 5 Handelstage um -1,7 % (38% höher; mittlere Hälfte -5,4 % bis +2,3 %) und über 20 Handelstage um -1,7 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Dated 2020-03-16, it reports Brent falling about 10% alongside the Fed's emergency cuts to near zero, a recession and demand-shock sentiment that coincides with the -13% move.
On March 16 U.S. crude dropped below $30 as Fed emergency cuts failed to calm demand fears.
Mar 16 Brent fell 10% as the Fed's emergency cut signaled severe recession risk and demand destruction.
March 16 coverage of the virus-driven rout, with US crude below $30 despite the Fed's emergency cut, shows the selling pressure carrying into March 17.