Independent Strategy

CommoditiesIran oil curbs irrelevant

President Trump has decided to end the waivers the US granted for Iranian oil imports, effective end of June.  This has lifted oil prices over the past week.  Examining global production, expected output and current spare capacity estimates even the complete elimination of Iran from the global oil market is pretty inconsequential.

Tags

ADP (7) Agriculturals (1) Asia crisis (1) Asset Allocation (1) Australia (2) Autos (1) Bank of Japan (1) Big Data (1) BoJ (1) Bonds (6) Brazil (1) Brexit (5) Canada (1) Capital Goods (2) Central Bank (8) Challenger (1) China (20) Claims (1) Climate change (2) Commodities (1) Copper (1) Coronavirus (4) Corporate Bonds (1) Corporate Debt (2) Covid (3) Covid-19 (50) CPI (9) Credit (45) Current Account (1) Debt (2) Debt Crisis (4) Democracy (4) Demographics (9) Deposits (1) Disruptive Technologies (4) Durable Goods (1) Earnings (1) ECB (10) Elections (2) Emerging Markets (4) Employment (23) Equities (1) Euro (3) Eurogroup (1) Europe (2) Eurozone (19) Exports (2) Factory Orders (6) Federal Reserve (8) Fixed Income (2) France (1) FX (2) GDP (12) Germany (15) Globalisation (8) Global Pandemic (3) Gold (2) Google Mobility (49) HICP (1) Hong Kong (1) Housing (5) IFO (3) Income (1) India (1) Industrial Production (9) Inflation (25) Interest Rates (11) Internet (1) Investment (5) IP (9) Iran (4) Ireland (1) ISM (2) Italy (6) Japan (5) Jobless Claims (1) Korea (3) Labour Market (11) Liquidity (8) Manufacturing (3) Monetary Policy (19) Money (4) Money Market (1) Money Supply (19) Myanmar (1) New Monetarism (6) New Zealand (1) Oil (6) Online (1) Payrolls (25) PCE (2) PMI (1) PMIs (1) Politics (10) Populism (6) Portugal (1) PPI (4) Production (1) Productivity (2) Profits (1) QE (5) Quantum economics (5) Real Estate (1) Redline Money (15) Reserves (3) Retail Sales (11) Russia (2) Services (3) Services PMI (1) Sovereign Bonds (3) Sovereign Debt (4) Spain (4) Sterling (1) Sweden (2) Technials (1) Technicals (124) TICS (1) Total Social Financing (13) Trade (10) TSF (4) Turkey (1) UK (18) Ukraine (1) Unemployment (22) US (35) USD (9) Vietnam (1) Wages (22)

In the Media