Stephen Innes | TalkMarkets | Page 1
Private Fund Manager
Contributor's Links: DARK SIDE OF THE BOOM
SPI Capital Management is a private fund management company specializing in fundamental commodity strategies in the oil and energy complex. The Company is headed by STEPHEN INNES, a 35-year veteran in the oil and foreign exchange markets. Stephen is regularly called upon by leading TV, radio ...more

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UK PMIs Not Pretty
The UK flash PMIs for July were a bit ugly. The manufacturing number was 60.4, lower than forecasts for 62.4 and after 63.9. The services number was 57.8, also lower than expectations for 62.0 and after 62.2
One Day Of Risk Aversion Does Not Make A Trend, But ....
One day of risk aversion does not make a trend. but the  Delta variant concerns that pushed risk markets lower to start the week have not gone away.
OIL: The Delta Variant Is The Headwind, But Global Demand Is The Wild Card
Interestingly, Oil prices did not participate when the US stock rebounded triggering a rally in the broader markets. Indeed, this shows there are still many Delta variant jitters and perhaps a reflection that crude oil is still up 33% YTD
APAC Equity Selloff Continues
APAC equities continue selling off after US equities rebounded overnight, with the reopening trade and value outperforming growth
London Open
The broader narrative remains intact with plenty of discussion around peak growth and inflation
Dip Demand For Cable
It makes sense to remain constructive on GBP overall and biased to buy dips.
BoJ Keeps Policy On Hold, Cuts FY GDP View
The Bank of Japan left its monetary policy settings unchanged
1 to 7 of 7 Posts