Most analysts see oil stabilising in a range of around $40 to $60 a barrel for 2018. However, most of these assessments were before the announcement to move the US’ Israeli embassy from Tel Aviv to Jerusalem.
Which begs the question of what impact, if any, will be there be to the current assessments of oil prices?Read more >
When the Democratic Unionist Party (DUP) scuppered Prime Minister Theresa May’s talks with the EU they not only added to the risk of the talks failing, they also added a new risk – The ousting of Theresa May or even the fall of the government itself.Read more >
A Bloomberg article on market response to North Korea’s (DPRK) latest missile test, ‘Why Investors Are Unfazed by North Korea’s Missile Launch’, makes for interesting reading.
While the article explains that markets are focused more on improved economic news than geopolitics, it details the belief of many analysts that the test and the US response is a quantitative step, it was just another test.Read more >
It appears that Angela Merkel’s early election threat has had the desired effect of bouncing the Social Democratic Party (SDP) towards forming another ‘Grand Coalition‘ with her party, the Christian Democratic Union (CDU).Read more >