Oil Gains as Traders Await Powell Clues on Interest-Rate Outlook
(Bloomberg) — Oil pulled back some of its weekly loss with markets advancing in the lead up to Federal Reserve Chair Jerome Powell’s Jackson Hole speech that will give clues…
Global equity funds see sharp inflows on Fed rate cut hopes
(Reuters) – Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about…