oil

I have an interview on Real Vision with currency specialist Marc Chandler of Bannockburn Global Forex coming up later today. And I wanted to sort out some of my macro thinking ahead of it. Let me run by you what I'm seeing in the markets…

The last update I gave you on the market in the aftermath of the ECB's policy statement was about central banks being too tight. The gist of my remarks was that CBs are all poised to tighten, if and when the data allow them to do so. This…

Today's daily post is going to a true daily, covering a wide range of market and political economy news. Forcing government to rule out no deal And I want to start with Brexit because I think this is one of the most pressing issues in the…

The trading day is over in the US and the numbers look good. Equity markets have recovered smartly from last weeks nosedive, with all major US indices up about 1%. Notable for me is the fact that WTI is trading close to $50 a barrel and the…

The daily yesterday was on the resiliency of the US economy. My overarching message was that the angst we are seeing in the market is not reflective of near-term economic strength. Instead, it's a combination of worries about a slowing…

Oil is one of several reasons the Fed might pause next year, rather than sticking to its three hike timetable. Housing is another. No wonder there was considerable speculation about a pause on the back of comments by Fed Chairman Jerome…

We're getting to the point now where something very bad is going to happen. Someone is losing his shirt in the oil markets right now. And the question is whether that somebody impacts the US oil sector and oil capital expenditures. As I…

Really quickly here: WTI has traded down into bear market territory today. I see it quoted at $61.38. The high was $76.90. Brent is also down to $71.81 from a high of $86.74. That's not official bear market territory yet. But it's coming…

No more oil black swan Remember Al Arabiya channel’s General Manager Turki Aldakhil warning that imposing sanctions on, Saudi Arabia, the world’s largest oil exporter could spark global economic disaster? I wrote about it when the  Jamal…

So I reckon I've got the politics out of the way now since I don't have a lot to add on the election in Brazil. So here's my daily post without the politics. Climate change I saw a great piece in Axios about climate change that I wanted to…