Up-Dated Supplementary Report - Sentiment Ex-spiralling? - Flux News
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Up-Dated Supplementary Report – Sentiment Ex-spiralling?

Dated Brent Supplementary Report cover

Market Update

Despite the vanishing trading volumes amid 26 Aug’s UK public holiday, the beginning of the week has been anything but quiet in Brent futures. The Nov’24 Brent futures contract jumped up to $80.50/bbl on 26 Aug (14:00 BST), with the bullishness likely stemming amid thin liquidity and improved sentiment due to supply disruptions in Libya, renewed tensions between Israel, and Hezbollah and Iran, and a dovish US Fed following last week’s Jackson Hole symposium.

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Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

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