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Oil Prices Edge Higher, But Dollar May Still Strengthen Given Fed’s Tightening Plans

August 1, 2023
in Trade Tube
Reading Time: 1 min read
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The markets held on to some gains in midday trading on Tuesday, as oil prices jumped a bit higher, breaking the $50 handle. Crude prices have edged higher for the fourth consecutive trading session. But as the halfway point for earnings season approaches and the dollar continues to strengthen, investors may need to brace for more volatility. TheStreet’s Scott Gamm speaks with David Lebovitz, global markets strategist at JPMorgan Asset Management to discuss oil prices, global central bank policies and potential opportunities in emerging markets given worldwide economic uncertainty.

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