Research Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Last week Crude Oil has rebounded to $34.40 from the $27.56 lows set in late January on the back of rumors of a 5% cut in oil production to be discussed at an emergency OPEC meeting that was to take place in March or as early as February. The 25% pop is likely to be … Read moreResearch Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Fed Watch: While China’s Growth is Away The Fed Doves Will Play

Wednesday’s Fed minutes, from the July 29th FOMC meeting took markets by surprise, not only because the embargoed time was broken with the early release, but also because of the dovish stance taken by FOMC committee members. The release arrived contrary to the hawkish Fed rhetoric that has been prevalent in the market place for … Read moreFed Watch: While China’s Growth is Away The Fed Doves Will Play

Forex Watch: China Currency Devaluation Recap and Implications

This week China has taken steps to devalue their currency in hopes of encouraging export driven growth. What was supposed to be a “one-off” policy action, quickly turned into a triple header, with a firm stop on Friday. Markets have carefully weighed the consequences of the radical policy move amidst the finalization of the Greek … Read moreForex Watch: China Currency Devaluation Recap and Implications