This week’s update delves deeper into the global economy and takes stock of recent developments in various regions such as the Eurozone and also different markets such as oil and LNG.
1. Monday Macro View: Oil Turns Bearish – FREE
This Monday Macro View by Osama Rizvi answers the WHY of the recent preciptious fall in oil prices. Hedge funds and money managers have been net sellers of oil during that past 5 to 6 weeks. Along with that the physical market is showing no signs of an uptick in demand. But will this trend continue?
2. Overview of the Market Sentiment – FREE
This article provides a detailed overview of the overall market sentiment of the last week. It covers all the important countries such as the Eurozone, U.S. and China alongwith important themes like recessionary indicators, developments in the oil and gas markets, and overall bigger picture issues. As per the Market Sentiment Tracker, we aren’t seeing any impetus in news or developments that can be labelled as bullish or placed at the right end of the continuum I.e. recovery. A recession is imminent.
3. SLB’s Perspective in Q3* – PREMIUM
The following article from our analyst Avik Chowdhry gives the latest overview of the financial performance, future plans and cash flow of SLB.