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Category: Markets

Saudi Oil Supplies Well On Way To Being Restored, Energy Minister Abdulaziz Bin Salman Says

September 17, 2019September 17, 2019

“The attacks will not stop Aramco’s preparations”.

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oil6 Comments on Saudi Oil Supplies Well On Way To Being Restored, Energy Minister Abdulaziz Bin Salman Says

New York Fed Forced To Intervene After Funding Squeeze Goes Mental

September 17, 2019September 17, 2019

Break glass in case of emergency.

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12 Comments on New York Fed Forced To Intervene After Funding Squeeze Goes Mental

Days, Weeks, Months? Oil Plunges As ‘Sources’ Say Saudis ‘Close’ To Restoring 70% Of Production

September 17, 2019September 17, 2019

Let’s play headline hockey.

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oil2 Comments on Days, Weeks, Months? Oil Plunges As ‘Sources’ Say Saudis ‘Close’ To Restoring 702 Of Production

‘The Levee Has Broken’: Misbehaving Repo Market Underscores Loss Of Fed Control

September 17, 2019September 17, 2019

“Horrible timing”.

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3 Comments on ‘The Levee Has Broken’: Misbehaving Repo Market Underscores Loss Of Fed Control

An Acute ‘Pain Trade’ Is Unfolding Beneath The Market Surface And Nobody Is Paying Attention -Yet

September 16, 2019September 17, 2019

“Classic ‘stability breeding instability'”.

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2 Comments on An Acute ‘Pain Trade’ Is Unfolding Beneath The Market Surface And Nobody Is Paying Attention -Yet

Trump Slips Market Pair Of Bullish Catalysts With Japan Trade Deal, $40 Billion Margin Clemency

September 16, 2019

Perhaps sensing that markets weren’t particularly enamored with the idea of $500 oil…

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Here’s How Far Oil Prices Have To Rise To Hurt The S&P 500, According To History

September 16, 2019September 16, 2019

We’ve got a ways to go yet, based on historical correlation anyway.

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oil3 Comments on Here’s How Far Oil Prices Have To Rise To Hurt The S&P 500, According To History

Marko Kolanovic Makes Big Call Amid Oil Spike: ‘The New XIV Trade Is Unwinding’

September 16, 2019September 16, 2019

“These trades worked well until the rotation started, and now are in the early stages of a collapse”.

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4 Comments on Marko Kolanovic Makes Big Call Amid Oil Spike: ‘The New XIV Trade Is Unwinding’

Macro Tourist: ‘Don’t Give Away Your Crude Gamma’, There’s ‘More Geopolitical Risk’ Ahead

September 16, 2019September 16, 2019

“We are still miles away from a true bull market in crude”…

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oilLeave a Comment on Macro Tourist: ‘Don’t Give Away Your Crude Gamma’, There’s ‘More Geopolitical Risk’ Ahead

These Investors Are Highly Concerned About A US Recession – Even After Recent Good News

September 16, 2019

It was probably worse last month.

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Nomura’s McElligott On Saudi-Iran Proxy War And Possible Implications For Momentum Unwind Trade

September 16, 2019

“Another abrupt ‘about-face’ for markets”.

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oilLeave a Comment on Nomura’s McElligott On Saudi-Iran Proxy War And Possible Implications For Momentum Unwind Trade

Saudi Aramco May Delay IPO After Strikes: Reports

September 16, 2019September 16, 2019

Now, though, the timing is in doubt.

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Trump Cites ‘Oil Hit’ In Complex Calculus For ‘Big Interest Rate Drop, Stimulus!’

September 16, 2019September 16, 2019

“Thank you, Mr. President!”

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‘The Single Biggest Supply Disruption Ever’: World In Shock As Reality Of Saudi Oil Attacks Sinks In

September 16, 2019September 16, 2019

“Saudi is often viewed as the ‘central bank of oil'”.

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oil2 Comments on ‘The Single Biggest Supply Disruption Ever’: World In Shock As Reality Of Saudi Oil Attacks Sinks In

China Posts Huge Industrial Production Miss, As Rebound From 17-Year Low Fails To Pan Out

September 15, 2019September 15, 2019

The market could have done without this.

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Jerome Powell’s Fed Stares Down Trump, Trade And Markets In Pivotal September FOMC

September 15, 2019September 15, 2019

Steel yourselves. The main event cometh.

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Oil Explodes Higher, Trump Rushes To Stop Surge With Reserves Tweet

September 15, 2019September 16, 2019

He tweeted five minutes before the start of trading.

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oil3 Comments on Oil Explodes Higher, Trump Rushes To Stop Surge With Reserves Tweet

Saudis May Need ‘Weeks’ To Restore Oil Output Lost In Saturday’s Attacks

September 15, 2019September 15, 2019

“God willing”.

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oil4 Comments on Saudis May Need ‘Weeks’ To Restore Oil Output Lost In Saturday’s Attacks

Saudi Oil Exports To Be ‘Normal’ This Week On Stock Draws, Damage From ‘Major Escalation’ Was ‘Big’

September 15, 2019September 15, 2019

“Overnight” fixes were not possible.

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oil1 Comment on Saudi Oil Exports To Be ‘Normal’ This Week On Stock Draws, Damage From ‘Major Escalation’ Was ‘Big’

Saudi Stocks Needed Government Help To Avoid Plunge After Aramco Attack, Price Action Suggests

September 15, 2019November 21, 2021

“The stock market has been affected”.

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1 Comment on Saudi Stocks Needed Government Help To Avoid Plunge After Aramco Attack, Price Action Suggests

Nearly Half Of Saudi Oil Production Disrupted In Houthi Aramco Drone Strikes

September 14, 2019September 14, 2019

Aramco officials convened an emergency meeting to assess the situation.

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oil4 Comments on Nearly Half Of Saudi Oil Production Disrupted In Houthi Aramco Drone Strikes

Global Currency Wars – In The Trenches

September 14, 2019

Hunker down.

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1 Comment on Global Currency Wars – In The Trenches

How Draghi’s ‘QE Infinity’ Actually Paves The Way For Fiscal Policy To ‘Take Over’

September 14, 2019September 14, 2019

“An important stepping stone”.

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3 Comments on How Draghi’s ‘QE Infinity’ Actually Paves The Way For Fiscal Policy To ‘Take Over’

It’s ‘A Sharp Bounce, Not A Trend’: Goldman Says Bond Selloff Probably Done After Rout

September 13, 2019November 21, 2021

“Any truce in the trade war is likely to be temporary”.

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3 Comments on It’s ‘A Sharp Bounce, Not A Trend’: Goldman Says Bond Selloff Probably Done After Rout

‘It Never Works’: Larry Kudlow Blasts Negative Rates 48 Hours After Trump Demanded Negative Rates

September 13, 2019September 13, 2019

“It never works and it won’t work this time either”.

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3 Comments on ‘It Never Works’: Larry Kudlow Blasts Negative Rates 48 Hours After Trump Demanded Negative Rates

Investors ‘Poorly Exposed To Positive News’: Momentum Massacre Makes Case For ‘Doom-Laden Stories’

September 13, 2019September 13, 2019

“Bond risk in equity markets should not be overlooked”.

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As Yields Head For Biggest Jump Since Election, $730 Billion In AUM Weighs In On Rates, Inversions And German Stimulus

September 13, 2019September 13, 2019

Survey says…

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