Sterling got a firm shove higher on Wednesday as Bank of England governor Mark Carney suddenly declared UK interest rates might need to be hiked.
Crude-oil futures are skipping higher on Wednesday afternoon as traders saw surprise builds in US inventories as better than they might have been, and despite expectations of a draw.
Sterling enjoyed a minor rise on Tuesday on the back of Bank of England requiring lenders to beef up their cash buffer in case of bad debts.
Crude-oil futures are riding higher Tuesday as the market looks to industry data out later to show a draw in US stockpiles.
Sterling limped a little higher against the dollar and euro as PM Theresa May's Tories finally inked some kind of government-forming deal with Northern Ireland's DUP.
Crude oil cast away its morning gains to be firmly south as bears again made their presence known in a market deeply uneasy about its chronic global supply overhang.
Sterling managed Friday gains on the US dollar thanks to UK monetary policy hawks coming to the fore in recent days, but was otherwise down against a raft of commodity currencies.
Gold is front and centre on traders' charts with some picking the safe-haven asset will remain supported going forward thanks to a platter of political risk in both UK and Washington, as well as the global oil glut.
Sterling put in an unfamiliar positive performance on most key crosses Wednesday thanks to a hawkish jawbone on UK interest rates by Bank of England chief economist Andy Haldane.
Crude-oil futures got a mild shove on a sun-soaked Wednesday afternoon in London as fresh official data showed a draw in US stores of the black liquid last week.
Sterling resumed its ride lower again on Tuesday after Bank of England governor Mark Carney said now was not the time to raise UK interest rates.
Crude-oil futures went for a skate lower on Tuesday as traders sold the black liquid aggressively on renewed fears of oversupply, this stoked by burgeoning output from Libya and Nigeria and also US shale pumping concerns.
Sterling was mixed on major crosses as the UK at last disappeared down the burrow of Brexit negotiations in hopes it will emerge in a non-EU wonderland further down the track.
Crude-oil futures are managing lukewarm gains on Monday afternoon, having bounced off earlier softness induced by the latest Baker Hughes rig-count data.
Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.
Crude-oil futures stole cautiously ahead Friday as the market awaits Baker Hughes rig data this afternoon, and despite the overall bearish sentiment surround the black liquid.
Sterling got a firm shove higher thanks to a more-hawkish-than expected leaning by Bank of England's policy makers in holding the benchmark rate and QE unchanged.
Precious metals gold and silver went for a run south on Thursday with each hitting multi-week lows as markets mulled more hawkish stances from the Bank of England and US Federal Reserve.
Sterling managed gains against a limp US dollar but was otherwise lower on key crosses, with global markets now on 'Fed Watch' ahead of the US interest-rate call tonight.
Crude-oil futures ducked lower on Wednesday afternoon as traders once again reacted to disappointing US inventories data from the government's Energy Information Administration (EIA).