27 min listen
MM006: Oil surges as OPEC+ hold firm
FromMarket Maker
ratings:
Length:
31 minutes
Released:
Mar 5, 2021
Format:
Podcast episode
Description
In this week's episode, Piers and I review the latest decision from OPEC+ where the cartel opted to not relax supply curbs even as the global economy pulls out of its pandemic-driven slump, confounding widespread expectations the group would loosen the taps. We investigate the reasons behind the decision and how the Saudi strategy brings back memories of 2014/15. Also, under discussion is the latest US jobs report and next week's ECB meeting. Hosted on Acast. See acast.com/privacy for more information.
Released:
Mar 5, 2021
Format:
Podcast episode
Titles in the series (100)
MM008: Will the Fed 'twist' again: In this week's episode, we talk about the sequence of policy steps the Fed has at its disposal and why the gradual process of normalising policy poses risks to the sustainability of the post covid recovery. by Market Maker