Uncategorized

Commodities Corner: COVID infections, vaccine prospects play ‘tug of war’ with oil as traders look to OPEC+

Oil’s playing a tug of war game between rising COVID-19 cases and promising vaccine developments. MarketWatch photo illustration/iStockphoto The Organization of the Petroleum Exporting Countries and its allies are expected to extend oil production cuts into the new year in an effort to avoid a global glut of inventories. But with Covid-19 cases accelerating in… Continue reading Commodities Corner: COVID infections, vaccine prospects play ‘tug of war’ with oil as traders look to OPEC+

Uncategorized

Serbia cultivates both US and China in superpowers’ Balkans tug of war

In March, as Europe was in the grip of the first outbreak of the Covid-19 pandemic, Serbian president Aleksandar Vucic kissed the Chinese flag and hailed Beijing for its support in fighting the coronavirus. Six months later, he met Donald Trump at the White House — and publicly backed an idea to rename a lake… Continue reading Serbia cultivates both US and China in superpowers’ Balkans tug of war

Uncategorized

Central banks will win the tug of war in asset markets

Financial markets are being pulled in different directions by two big forces: the injection of liquidity from central banks and concerns over a “second wave” of Covid-19 infections. Daily news headlines can lead us to believe that, of the two, coronavirus is the dominant force for markets. The coming months are likely to show that… Continue reading Central banks will win the tug of war in asset markets