Financial Markets Overview
By Paul Sankey
Published on June 30, 2020 at 10:42 PM
Oil so fundamentally saturates global economic activity, that the impact of financial markets is both derivative and primary on on oil commodity markets and oil equities. In this section we start by simply showing the latest data on Oil vs US$ and Oil vs Fed 10 year interest rates. As 90% of world oil & gas trade is denominated in US$, the strength or weakness of the currency tends to have a direct impact on […]