applied know how
Oil prices continued their rally this week, after an 8% surge on Friday 30 January.
As some traders try to identify the bottom in oil prices, Morgan Stanley warns that “small crude oil rallies can occur, but are likely limited and unsustainable.”
Data from Baker Hughes last week showed that US oil rigs posted a weekly decline that was the most since the drilling company started collecting the data.… Read more
I’ve talked before about the challenge facing the Chinese economy.
Here’s two charts from that detail the slow down and the impact its having out of the main coastal areas.
More and more of the world is inextricably linked into China’s success as shown by Export trade as a proportion of world GDP.
and the overall source of China’s imports
Which shows that more than half of Chinese exports originate in Asia.… Read more