All time high was 98.05 on EURGBP.
May has given up on her Brexit deal. I have no idea about what will happen but it wouldnt take many investors to derisk for a few months to push Sterling meaningfully lower, at least against the USD.
Monday, 10 December 2018
Friday, 7 December 2018
US oil exports, Indian loan growth
The US was a net oil exporter last week, the blue line chart is only up to the prior week.
Over the next 5 to 10 years I expect the US to go to a current account surplus as well.
It is China who is short oil and the US can take market share by disrupting the Gulf in particular Iran.
Growth also looks to be accelerating into next year in India
It is China who is short oil and the US can take market share by disrupting the Gulf in particular Iran.
Growth also looks to be accelerating into next year in India
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