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.

Cannon Asset Managers: Making cents of China cool-off

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.