What are the options on the table for Xi? And how will Chinese assets react to different types of stimulus? We take a look at the scenarios in this piece and find that things may be improving already from a rate of change perspective.
Saudi Arabia once again attempts to gain the upper hand in the oil-market. There is no doubt that the frosty relationship between MBS and Biden plays a part in the ongoing oil-tango, but will Saudi Arabia succeed? We doubt it.
Will Biden strike back on OPEC+ with an SPR release this week? We watch the EIAs short-term energy outlook today ahead of an interesting inflation week.
Tuesday’s State of the Union address gave little cause for optimism that a looming debt crisis in the U.S. can be avoided. Speaker Kevin McCarthy, seemed as powerless as the day he was elected and Biden certainly didn’t make his life any easier.
I remain of the view that it is inadvisable to make large portfolio changes during Geopolitical turbulence. Markets remain lukewarm despite the Russian aggression, so let’s look at the medium-term.