Ian Kilbride: Bastille day and the big oil lie
Ian Kilbride cries ‘Vive la Revolution!’ re oil prices: It’s bad for Halliburton, bad for Putin, but low oil prices are as bad for us as cream is on a scone.
Ian Kilbride cries ‘Vive la Revolution!’ re oil prices: It’s bad for Halliburton, bad for Putin, but low oil prices are as bad for us as cream is on a scone.
China’s unexplained capital outflows reached a record high level in December, despite strict currency controls. The adjacent chart illustrates the increased volatility as well as the trade balance sensitivity to these aggressive flows, not to mention the instability in China’s currency market.
Top South African market commentator, Sasha Naryshkine joined Alec Hogg and Gugulethu Mfuphi on CNBC Africa’s Power Lunch to talk ‘markets’. Focusing on oil, commodities and Africa.
Financial markets have been subject to an abrupt increase in volatility in recent weeks with risky assets having been sold off sharply as global equities declined by over 6% in the first half of October before bouncing.