There is no real effect of the debt ceiling impasse noticeable in today's futures' trading. Although crude and products dropped, the fall was not precipitous but this may just be a down payment of a bigger fall depending on how analysts view the debt ceiling and deficit reduction talks with the bigger euphemism, increase revenues.
There is a lot of talk about a market reaction but neither equities nor commodities had much a reaction today. However, the situation could become very volatile very quickly.
Today, WTI-67¢,$99.20; Brent-62¢,$117.90; RBOB-0.37¢,$3.1264; HO-1.02¢,$3.1078.
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