Oil nudges higher, bond yields bounce back ahead of FOMC meeting this week - a podcast by Phil Dobbie

Tuesday 15th June 2021

Oil has hit a two-year high. This morning NAB’s Ray Attrill explains why oil prices could continue to rise. Are we heading for $100 oil? Also, why bond yields are rising again ahead of an FOMC meeting this week where little is expected to happen. And troubling times for Boris Johnson, fighting the EU over the NI protocol, pacifying the US President and announcing a 4 week delay to next week’s planned lifting of all COVID restrictions. On today’s podcast we also look ahead to the RBA minutes, US retail sales and UK employment numbers.

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