Recent Posts

Why it’s hard for Le Pen to pull a Trump!

  Can Marine Le Pen still win the French election if her opponents don’t vote in the run-off vote on May 7? After many potential Hillary Clinton voters, certain of her victory, failed to turn out last year, Donald Trump won the US presidential election, so, by analogy, such an outcome seems somewhat possible. Yet there are strong reasons why ...

Read More »

First quarter earnings buoy Saudi petchems, rest of region subdued

  DUBAI / Reuters Higher petrochemical share prices helped lift the Saudi Arabian bourse index on Sunday after strong first-quarter earnings in the sector, but other regional market indexes sagged in thin trade. The Saudi index rose 1.0 percent as Saudi Kayan Petrochemical hit its 10 percent daily price limit after the company reported a net profit of 265.5 million ...

Read More »

Bond traders’ inflation bets have new life

  Bloomberg Bond traders demonstrated this week that for all the doubts about the Trump trade, wagers on quicker inflation still have life. Look no further than the US 10-year breakeven rate. It climbed the most on a weekly basis this year, rising back toward 2 percent, suggesting the market is starting to hop back on the inflation bandwagon. The ...

Read More »
Send this to a friend