100k barrels per day supply cut is small but a signal of intent after the oil price drop of c15% since end July. Compounds the issues of 1.6mbpd of under-production versus quota in August and under 2mbpd of spare Saudi-UAE capacity. We scan EM for ne...

OPEC+ increased its output on 2 June but not by an amount that makes a meaningful dent in global supply. Should China demand growth snap back, in the event that Covid restrictions subside and policy stimulus come into effect, then oil prices could go...

PPC, WSTG, AVT, BELFB, QCOM, NC, NRT, AR, PBF, HT, OPCH, HP, PTEN, RCMT, VTNR, AM, LBRT, NEX, PAG, CASA, PTC, CHRW,, glop  

In emerging markets, this upheaval has been playing out for longer and with greater severity, with China’s tech woes a key contributor. We think emerging market banks could be key beneficiaries of this transition in investor preferences. We expect a ...

The second round of Iran Nuclear Deal negotiations since hardliner Ebrahim Raisi's election are ongoing, but expectations of progress are low. And Iran's Revolutionary Guard Corps elite has both survived for so long domestically without sanctions rel...

The USD index has risen by 5% so far this year. Comparing banks' net foreign currency position with the over/(under) valuation of currencies against their REER fair values allows us to identify banks offering the best hedging potential. Looking at th...