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UBS On-Air: Market Moves brings you beyond the highs and lows of the ticker, with conversations that can broaden your thinking about market behavior
There has been a small blip in the oil price following the US announcement that two Russian energy companies would be blacklisted. US President Trump intends to raise the issue of China’s Russian oil purchases with China’s President Xi next week (assuming that meeting goes ahead). In the context of the recent oil price decline, the overnight price move is economically negligible—politics is the only reason it gets any attention.
UBS On-Air: Market Moves
UBS On-Air: Market Moves brings you beyond the highs and lows of the ticker, with conversations that can broaden your thinking about market behavior