The most anticipated OPEC+ meeting of the year turned out to be a damp squib in the end. OPEC+ agreed to increase output in July and August to 648,000 bpd from the previously agreed 432,000 bpd, with the increased allocation spread across all its members, including, you guessed it, Russia. Given most of OPEC can’t […]
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Markets After the market chaos in the wake of the Liberation Day reciprocal tariffs announcement, president Trump and his administration now apparently (again) started a new battlefield challenging classic economic thinking/wisdom: central bank independence. Referring Read more…
The Dollar Index (DXY) has experienced a significant decline since President Trump’s tariff war intensified global trade tensions. From its peak on September 26, 2022, the Index has exhibited a clear bearish sequence. This decline Read more…
US stocks slumped. All four major US stock indices ended Monday, 21 April session, deeply in the red. The S&P 500, Nasdaq 100, Dow Jones Industrial Average, and Russell 2000 lost 2% or more. The Read more…