In other words, what’s happening apart from Brexit? Because, without wanting to downgrade its significance, there is so much more going on that could easily be lost in the pre-vote maelstrom. Which is why this week, I’m going to focus on three other themes we can’t lose sight of – all of which also have … More What else is happening?
At the end of 2016 we wrote about a new era for oil and a new pricing pattern that we thought would hold into 2017. Is the snake still stuck in the drain? How well is our price prediction holding up and what does it mean for M&A and the much beleaguered oil field services sector in 2017? … More What’s new in oil?
The OPEC deal announced last week helped to propel the price of a barrel of Brent Crude over the $50 mark, the highest for well over a year and almost double its January low. But prices have stalled since, underlining our view that this isn’t a one way ticket. So where next for oil?
Markets dived again this week and cheap oil is looking like more of a hindrance than a help. Its more obvious negative effects aren’t helping banks; but again the outlook warrants a reality check in bank stocks , not the current mass exit. There are plenty buffers left before banks hit a systemic crisis – unless panic crashes through them. … More We need to talk about oil
Takeaways: Euro-dollar divergence and the weak commodities outlook are on the agenda this week as we await new pronouncements from the ECB and OPEC – keeping the Fed’s next move always in mind. Given this week’s fever pitch of speculation, the ECB might need to take pretty radical action to move markets further and keep … More Divergence and adjustment: looking beyond the ‘new normal’.
Takeaways: Volatility, growth worries….what of them! Deal making surpassed 2007 figures in August regardless – or should that be ‘because of’ these concerns? While we all wait on the Fed, it seems like an opportune time to cast our eyes around the deal landscape, because there’s certainly plenty to ponder. Deal dynamics are very different … More The real deal