by Tyler Durden | Apr 15, 2016 | Financial-Blogs
Two weeks ago we showed something striking: while combing through Janet Yellen’s recently disclosed daily diary, we noticed that on February 11 and 12, the Fed chair held two critical phone calls, one with BOE governor Marc Carney and the next day, wit…
by Tyler Durden | Apr 14, 2016 | Financial-Blogs
In another quiet overnight session, the biggest – and unexpected – macro news was the surprise monetary easing by Singapore which as previously reported moved to a 2008 crisis policy response when it adopted a “zero currency appreciation” stance as a r…
by Guest Author | Mar 31, 2016 | Financial-Blogs
Unraveling the Oil Conundrum: Productivity Improvements and Cost Declines in the U.S. Shale Oil Industry Ryan Decker, Aaron Flaaen, and Maria Tito FRB, March 22, 2016 Oil prices have declined by roughly 70 percent since peaking in the middle of 2014. The U.S. oil rig count–a common measure of drilling activity–peaked in…
Read More
The post Unraveling the Oil Conundrum: Productivity Improvements and Cost Declines in the U.S. Shale Oil Industry appeared first on The Big Picture.
by Tyler Durden | Mar 18, 2016 | Financial-Blogs
It may be option expiration day (always leading to abnormal market activity) but it remains all about the weak dollar, which after crashing in the two days after the Fed’s surprisingly dovish statement has put both the ECB and the BOJ in the very awkwa…
by Tyler Durden | Mar 17, 2016 | Financial-Blogs
Yesterday when summarizing the Fed’s action we said that in its latest dovish announcement which has sent the USD to a five month low, the Fed clearly sided with China which desperately wants a weaker dollar to which it is pegged (reflected promptly in…