Test Article 6
19 Jun 2019Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce vitae eros vel est hendrerit rhoncus a vitae est. In mattis euismod lorem vel bibendum. Vestibulum at nunc non lectus molestie lobortis in ac arcu. Donec neque neque, lacinia a rutrum lobortis, tincidunt at magna. Pellentesque a auctor turpis.
Fusce in lorem id lorem fringilla aliquet. Nulla facilisi. Aenean malesuada ipsum mauris, sed elementum eros suscipit et. Proin fringilla pulvinar augue et consequat. Vivamus eget ex est. Mauris vitae tincidunt neque. In hac habitasse platea dictumst. Mauris iaculis nunc vitae diam mollis, quis consequat quam mattis. Nunc mattis ut nulla sit amet porttitor. Duis lobortis sapien nunc, in elementum nibh varius in. Curabitur quis dictum turpis.
Oil poised for a rebound as OPEC+ pre-meetings consolidate case for continued tightness
11 Jun 2019Ahead of the June 25/26th OPEC+ meetings, Saudi Arabia and Russia have discussed the case for extending current supply curbs. An agreement between these oil super-powers usually sets the tone for the wider group. Oil’s lacklustre performance in recent weeks could be reversed if indeed the oil cartel can maintain the current supply-deficit.
US & European stock markets rise on hopes of Fed rate cut
10 Jun 2019The first week of June got off to a strong start as stocks were bolstered by expectations that the Fed would cut short term interest rates this year. The S&P 500’s performance marked the best week of the year and the index is currently 3% short of its all-time high. Meanwhile, European stock markets such as Germany’s DAX and Italy’s FTSE MIB gained almost 3%; while the STOXX Europe 600 Index and UK’S FTSE 100 rose more than 2%.
Test Article 10
07 Jun 2019Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce vitae eros vel est hendrerit rhoncus a vitae est. In mattis euismod lorem vel bibendum. Vestibulum at nunc non lectus molestie lobortis in ac arcu. Donec neque neque, lacinia a rutrum lobortis, tincidunt at magna. Pellentesque a auctor turpis. Fusce in lorem id lorem fringilla aliquet. Nulla facilisi. Aenean malesuada ipsum mauris, sed elementum eros suscipit et. Proin fringilla pulvinar augue et consequat. Vivamus eget ex est. Mauris vitae tincidunt neque. In hac habitasse platea dictumst. Mauris iaculis nunc vitae diam mollis, quis consequat quam mattis. Nunc mattis ut nulla sit amet porttitor. Duis lobortis sapien nunc, in elementum nibh varius in. Curabitur quis dictum turpis.
Tanking oil prices belie geopolitical risks
04 Jun 2019Brent oil fell more than 12% last week, reacting to trade-protection related fears. The market appears to have ignored the fact that oil supply is still very tight and risks tightening further. The Saudi Arabian-led emergency security meeting over the weekend should be raising the geopolitical premium in oil, yet with the headlines being supressed to back-pages, the precarious situation in the Middle East appears to be flying under the radar. Oil could stage a substantial rebound in the near future.
Trade tensions prompt US stock selloff
03 Jun 2019Trade tensions took centre stage last week causing a sharp selloff in US stocks. Trump reiterated that he was nowhere near ready to make a deal with China and threatened to raise tariffs on Mexican goods. The S&P 500 Index moved below its 200-day moving average with all sectors recording losses.
Rising geopolitical risk sparks drop in major Europe indices
03 Jun 2019Risk aversion spread across European equity markets owing to rising geopolitical risks contributed to the STOXX Europe 600 falling about 2%. The export-heavy DAX index in Germany posted deeper losses of 2.4%. While rising political tensions between Italy and the EU around budget negotiations led the FTSE MIB in Italy to shed almost 3%.