Oil Crash Continues: West Texas Crude Below $40, Brent Near $45; Floating Oil Carry Trade in Review
August 21, 2015 0

Oil Crash Continues: West Texas Crude Below $40, Brent Near $45; Floating Oil Carry Trade in Review

By News Desk

Flashback January 9, 2015: ​ Major Oil Traders Book Tankers for Stockpiling Crude at Sea . A continuous fall in global oil prices has prompted major oil traders to start hiring supertankers as they can benefit from stockpiling crude oil at sea. The oil giant Shell and energy traders Trafigura and Vitol have booked crude tankers for up to 12 months, said Reuters, referring to the fixture lists provided by tanker brokers and oil traders.

Net Moves Since China Devaluation
August 21, 2015 0

Net Moves Since China Devaluation

By News Desk

Net Moves Since China Devaluation Posted by Michael Shedlock at 1:11 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).

Thailand Blasts: Has US Pivot to Asia Become a Brawl?
August 20, 2015 0

Thailand Blasts: Has US Pivot to Asia Become a Brawl?

By News Desk

Titled, " Revising U.S. Grand Strategy Toward China ," the report states in no uncertain terms: Because the American effort to ‘integrate’ China into the liberal international order has now generated new threats to U.S. primacy in Asia—and could result in a consequential challenge to American power globally—Washington needs a new grand strategy toward China that centers on balancing the rise of Chinese power rather than continuing to assist its ascendancy

August 18, 2015 0

Time Series Homeopathy

By News Desk

Tweet Recently Doug Keenan has again taken up the cudgels against the Met Office with backing from the usual suspects and indeed, the Met Office has taken a decision not to engage further.   While the Met Office thinks  that some things Keenan says are interesting and very brave, with the greatest respect and they will hear what he says and bear it in mind, well, they choose not to devote further time to dealing with him.  A feature of these attacks are Keenan’s claims that the best time series analysts tend to be in finance ( see comment ).