Crude Oil Prices Surge After Saudi Attack | FOMC Week
Crude Oil Futures October 2019
Oil prices surge nearly 20% after attack on Saudi facilities
SINGAPORE/LONDON (Reuters) – Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom’s production.
reuters.com/oil-prices-surge-saudi-attack
Federal Reserve and global central banks have reached a ‘tipping point’, amplifying stock-market uncertainty
What’s left for the Federal Reserve to do at its interest rate-setting meeting this coming week now that the U.S.’s main stock indexes on the cusp of records again ?
Financial markets are expecting a quarter-of-a-percentage point cut to a 1.75%-2.0% range from 2.0%-2.25% in the benchmark federal funds rate for interbank lending when the meeting concludes on Wednesday Sept. 18
marketwatch.com/federal-reserve-tipping-point
Apple’s new iPhones are overpriced and behind the times
The long wait is over. Apple introduced its 2019 line of smartphones Tuesday, and pre-orders have now started.
Sadly, the latest lineup brings nothing new to the table. Like previous devices, the iPhone 11 features technology that has been available to Android users for some time.
