Syrian Deal in the Works
Now that Putin has achieved his goals in Syria, expect a Syrian Deal to be put on the fast track. Putin’s first goal was popularity back home and it looks…
December Rate Hike – then what?
The December rate hike is now clearly going to happen. The Fed has been spelling this out in its messages to the market. Expectations are for a 0.25 to 0.5…
South Africa – A sign of things to come?
The monetary policy committee in South Africa raised rates by 0.25% last week amid fears of the coming US Fed rate rise in December. This has happened even though growth…
Russian Geopolitics in Mediterranean
Russian geopolitics in the Mediterranean are wider than Syria. In our previous article, Syrian End Game, we discussed the reasons behind the recent Russian intervention in Syria. Essentially, the Russians…
Anti-Austerity Forces in Portugal and Spain
Anti-austerity forces in Portugal and Spain represent a threat to Germany and European unity. Yesterday, the leftist alliance defeated legislation in parliament that resulted in the end of Prime Minister…
Oil Oversupply – How long will it last?
News of Oil stored on ships (floating storage) puts more downward pressure on oil prices in the short-term. In addition, onshore oil storage are at all times highs, Chinese demand…