Wednesday, September 9, 2026

European Central Bank Leaves All Three Rates Unchanged

From Bloomberg Benchmark rate stays at zero, deposit rate at minus 0.4% President Mario Draghi to speak at 2:30 p.m. in Frankfurt The European Central Bank kept its stimulus program unchanged in a sign that policy makers don’t see an immediate danger to the euro-area recovery from risks including Britain’s decision to leave the European Union. The Governing Council left

Oil Market Sentiment on Wild Ride After 2015

WTI Volatility Index at Elevated Levels Since Price Crash Prior to the fall 2014 crash in oil prices, volatility in the oil markets had been on a steadily decreasing trend. An examination of futures volatility in the post-crash period, however, suggests a new normal of heightened uncertainty in pricing outlooks with wide-reaching implications. As WTI plunged from $100 to $40 per