Macro Pulse

Oiling the wheels


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During a week with minimal market-moving data and few central bank announcements, attention in the financial markets has turned towards the oil sector. This shift is primarily due to a significant drop in oil prices, which have reached three-month lows, with Brent crude trading at approximately $80 per barrel. In our charts this week we look at the following factors:

  • Record-low global supply chain pressures
  • The recent retreat in global commodity prices
  • Sticky euro area inflation expectations
  • Negative FDI flows in China
  • The weakness of the UK's trade flows with the EU
  • Weaker credit growth in the US
  • ...more
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    Macro PulseBy Haver Analytics