By Bhavik Patel WTI Crude started August on the decline, following the first back-to-back monthly losses in June and July since the end of 2020. Oil prices have plunged by more than 7% since the start of August. Currently the sell off in crude oil is on back of expected weak demand as recession looms …
U.S. stock index futures edged up on Thursday ahead of labor market data, while investors assessed the Federal Reserve’s July meeting minutes that suggested the central bank might pursue a less aggressive monetary policy tightening path. Traders see a slightly greater probability of the Fed raising rates by 50 basis points in September, rather than …