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The Chinese yuan is slated to resume its earlier decline as U.S. President Donald Trump prepares to sign the Senate's bill supporting the Hong Kong protesters. After a year and a half of wrangling...
Russia has a new excuse for why it can’t comply with its OPEC+ production quota—condensates. According to Reuters, condensates can be broadly defined as “any type of oil that...
One of the more interesting statistics released this week was the $3 billion equivalent inflow into pan-European equities over the last 2 weeks. Putting an end to a record run of 85 weeks of...
There are rather too many "Talking Heads" attempting to burn down the House for both President Trump and financial markets at the moment. Reuters reported overnight that an interim trade deal might...
According to popular winter lore, the higher the squirrel builds its nest before Christmas, the colder it’ll be. Weatherman John Belski says he spotted squirrels nests at record heights in...
After much talk of an imminent recession, we find ourselves once again back in a roaring bull market. The latest leg higher in equities — which has pushed the benchmark indices to records...
Rising U.S. crude inventories, a weakening Chinese economy and an ever-elusive trade deal are setting up oil prices for another fall. WTI edged down, slipping from a rebound and extending a slide for...
Fresh from cutting the 7-day repo rate on Monday, China has shaved 5bps of its 1-year and 5-year Loan Prime Rates this morning to 4.15% and 4.80% respectively. It seems clear that China isn't waiting...