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BARCLAYS: MAINTAINS $100/BBL BRENT FORECAST FOR 2026 WITH RISKS SKEWED HIGHER

2026-05-08

BARCLAYS: MAINTAINS $100/BBL BRENT FORECAST FOR 2026 WITH RISKS SKEWED HIGHER

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2026-05-08

US President Donald Trump has given the European Union until July 4 to implement its side of last year’s trade agreement or face “much higher” tariffs, the Financial Times reported, citing people familiar with the matter. Trump also offered a repriev

US President Donald Trump has given the European Union until July 4 to implement its side of last year’s trade agreement or face “much higher” tariffs, the Financial Times reported, citing people familiar with the matter. Trump also offered a reprieve from threatened higher car tariffs after speaking with European Commission President Ursula von der Leyen. Under the deal struck in Turnberry, the US would reduce tariffs on most EU goods to 15%, while the EU agreed to cut tariffs on US industrial goods and some agricultural products to zero. Von der Leyen said both sides remain committed to implementing the agreement and making progress toward tariff reductions by early July.
2026-05-08

The US will release its April non-farm payrolls report on Friday evening. The market expects the number of new non-farm jobs to plummet to 62,000. Wall Street banks have mixed opinions, with Citigroup even contributing a negative forecast!

The US will release its April non-farm payrolls report on Friday evening. The market expects the number of new non-farm jobs to plummet to 62,000. Wall Street banks have mixed opinions, with Citigroup even contributing a negative forecast!
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