-WTO adds voice to better-than-expected chorus. -US trade advisor walks back negative trade comments. Crude oil prices were supported by a tailwind from Bank of America, which upgraded its forecast for Brent by more than $5 per barrel. BofA analysts on Monday defended their forecast by noting improvements in demand, along with strict compliance among … More The Daily Dose; “It Could Have Been Much Worse”
-What Martin Heidegger can tell us about the market. -Donald Trump is angry. Very very angry. Crude oil prices were in retreat in early Friday trading as investors fretted over what an angry US president may say in response to mounting Chinese tensions. The president was rattled early this week after the social networking site … More The Daily Dose; Data Analysis is Driven by Mood
-Geopolitical tensions return with a vengeance. -Market perceptions collide with market reality. Geopolitical tensions collided with economic pitfalls to drag on crude oil prices in early Friday trading. On Thursday, the White House spelled out a decidedly competitive policy on China, arguing US interests must be protected against Beijing’s ambitions of reshaping international norms. In … More The Daily Dose; You Might Not Like “Normal”
The GERM Report 