This edition of the Blind Spot Wrap was compiled by Izabella Kaminska (IK) and Dario Garcia Giner (DGG). Markets, finance, economics etc… Russian rouble hits near 7-year high vs dollar as tax payments loom (chart courtesy of CNBC). Putin has been indulging in the schadenfreude. Here’s what he’s been saying in his domestic channels. The […]
Just because oil prices are absorbing the prospect of an outright European ban on Russian imports well, doesn’t mean there won’t be a major breakout to $300 per barrel highs if and when such a ban is executed.
Why the current crisis represents the end of the neutral dollar era.
Commodity power US goods risk being late as China’s lockdowns worsen shipping port jams. [But remember it’s just “transitory” ] Someone in the Blind Spot Discord asked: Do sanctions cause a shortage of crude and gas or a displacement? [A verified par moi OSINT reply: “China is by far the largest importer of Iranian crude […]
Why the stress in commodity credit lines could be indicative of a major dollar-financing paradigm shift.