Oil climbs over 2% after Fed's Powell indicates US rate cuts

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Dec 13, 2023Gold climbs over 1% after Fed signals end of rate hikes | Reuters+7.2%
• Jul 30, 2025Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict-5.8%
• Aug 22, 2024Oil prices settle $1 up on hopes of a US Fed rate cut next month | Reuters+3.7%
• Dec 12, 2016Canadian dollar posts fresh seven-week high as oil climbs | Reuters+0.8%
• Oct 31, 2019Rupee rises 9 paise against US dollar after Fed rate cut - The Hindu+2.4%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Jul 30, 2025Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict-6.1%
• Aug 22, 2024Oil prices settle $1 up on hopes of a US Fed rate cut next month | Reuters+2.5%
• Aug 26, 2024Interest rates: US dollar sinks as traders position for rate cuts by the Federal Reserve-0.2%
• Oct 29, 2026Brent moves lower as US Fed maintains interest rates-5.4%
• Jun 28, 2023Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes | Reuters+4.7%