Tag: ICYMI
Oil news ICYMI – Libya production threatened again, Norway too
A couple of oil-related developments overnight. Posting these ICYMthem.
A strike by 845 of Norway's roughly 7,500 offshore oil and gas production [...]
ICYMI – White House postpones Biden trip to Saudi Arabia
There was plenty of good feeling last week when OPEC boosted its oil output (by a drop in the bucket). US President Biden was reported as headling to [...]
ICYMI – Barclays warn of EUR/USD dropping under parity if Russia shuts off gas to Europe
Friday report on a Barclays note eyeing EUR/USD under 1.00. Not that's 1.00 is too far away!"If Russia closes its gas taps (to Europe), we expect EURU [...]
ICYMI – China to ‘strictly limit’ unnecessary overseas travel by Chinese citizens
Info via a Reuters report overnight:
China would “strictly limit” unnecessary travel outside the country by Chinese citizens as part of its COVID- [...]
ICYMI – OPEC+ agreed to boost production, but they can’t
Brief notes from some analysts coverage of OPEC ANZ:
The market is concerned that Europe will struggle to replace the 3.2mb/d it imports from Russ [...]
ICYMI – All the PMIs released from China on Saturday showed further sharp contraction
The post is here for more:China PMIs for April 2022 have been published - all are well into contractionBut, just the numbers (brace yourself):China of [...]
ICYMI: Russia-Ukraine talks to resume again on 1 April
Well, there is room for optimism but we may still be far from a real peace being brokered between Russia and Ukraine.For now, Russia is supposedly ton [...]
ICYMI – US President Biden is said to be preparing a massive release of oil stockpiles
President Biden is said to be preparing to order the release of up to 1 million barrels of oil per dayRelease from the US strategic petroleum reserve. [...]
ICYMI – German gas deal with Qatar
Posting this as a catch-up. Its from days ago but I have been reminded I missed it. Not any more though! (Better late than never, K?)
Germany and [...]
ICYMI – Russia drops its tax on purchases of gold to zero
The report comes via Russian media RT, which is not the most independent of sources, but this seems legit. Russia exempts individuals from value added [...]
ICYMI – JP Morgan’s Kolanovic is still buying the dip
The important bit from JPMorgan strategists led by Marko Kolanovic:We retain a pro-risk viewSays remains aggressively overweight in both equities and [...]
ICYMI – Cluster of 20 omicron cases hits Tianjin, a gateway city to Beijing
Here is the piece:Cluster of 20 omicron cases hits Tianjin, a gateway city to BeijingAs noted in the article:
With the Beijing winter Olympics [...]
ICYMI – Citi sees S&P 500 above 5,000 by year-end 2022
Full info can be found here at Reuters, but in summary;
Citigroup analysts raised their price target for the S&P 500 to 5,100 from 4,900 se [...]
ICYMI – China's plan to end its dependency on Australian iron ore – ForexLive
ICYMI - China's plan to end its dependency on Australian iron ore ForexLive
www.forexlive.com [...]
ICYMI – Greenland cancelled a Chinese mining company's licence to an iron ore deposit – ForexLive
ICYMI - Greenland cancelled a Chinese mining company's licence to an iron ore deposit ForexLive
www.forexlive.com [...]