Reply To: Traders Market Weekly: Inflation and Bear Market Rallies


Oil prices were starting to rollover on concerns of demand slowdown before these central bank moves added downside pressure. WTI crude oil futures settled down 2.7% to $88.49/bbl. Natural gas futures settled down 2.1% to $8.13/mmbtu. Unleaded gasoline futures settled down 4.8% to $2.79/gal.

This resulted in the S&P 500 energy sector (-3.6%) lagging by a wide margin.