Jerry Lin
The Latest
-
Oil Prices Surge Amid Growing Avoidance of the Red Sea by Oil Companies and Tanker Owners
Following the lead of four international shipping giants, including Maersk, British Petroleum (BP), and Norwegian oil and gas giant Equinor, announced on Monday a halt to all transportation through the Red Sea. Citing deteriorating security conditions in the Red Sea, BP declared a suspension of all its oil tanker operations in the region. 
Following the lead of four international shipping giants, including Maersk, British Petroleum (BP), and Norwegian oil and gas giant Equinor, announced on Monday a halt to all transportation through the Red Sea. Citing deteriorating security conditions in the Red Sea, BP declared a suspension of all its oil tanker operations in the region. -
Fed's Pivot Leads to First Net Short Position in Dollar in Three Months, Goldman Sachs Forecasts Further Decline
Following the Federal Reserve's clearest signal yet of an impending rate cut, Goldman Sachs has joined the chorus predicting a bearish outlook for the U.S. dollar. 
Following the Federal Reserve's clearest signal yet of an impending rate cut, Goldman Sachs has joined the chorus predicting a bearish outlook for the U.S. dollar. -
Fed's Dovish Turn Sparks Rally in Short-Term Bonds with Over 4% Yield
The Federal Reserve's recent dovish shift has led to a strong rebound in U.S. Treasury bonds, with the yield on the 10-year note, often referred to as the "anchor of global asset pricing," falling below 4% for the first time since August this year. The yield on the more rate-sensitive 2-year Treasury note has also dropped to its lowest point since May. 
The Federal Reserve's recent dovish shift has led to a strong rebound in U.S. Treasury bonds, with the yield on the 10-year note, often referred to as the "anchor of global asset pricing," falling below 4% for the first time since August this year. The yield on the more rate-sensitive 2-year Treasury note has also dropped to its lowest point since May. -
European Central Bank Maintains Status Quo, Ready to Uphold Restrictive Policy When Necessary
The European Central Bank (ECB) has decided to maintain its key interest rates unchanged for the second consecutive time, emphasizing that the current rates are at a restrictive level that will further suppress demand and help reduce inflation. 
The European Central Bank (ECB) has decided to maintain its key interest rates unchanged for the second consecutive time, emphasizing that the current rates are at a restrictive level that will further suppress demand and help reduce inflation. -
Federal Reserve Signals Dovish Shift, Market Surprised by Potential Interest Rate Cuts
Federal Reserve Chairman Jerome Powell, who was previously firm in his stance, signaled a readiness to lower interest rates, marking a significant shift in policy direction. 
Federal Reserve Chairman Jerome Powell, who was previously firm in his stance, signaled a readiness to lower interest rates, marking a significant shift in policy direction. -
Global Oil Demand Growth Slows 'Sharply,' IEA Reports
The International Energy Agency (IEA) reported on December 14 that global oil demand growth is slowing down sharply, as economic activities in major countries weaken. This development has led to a significant revision in the agency's forecast for this quarter. 
The International Energy Agency (IEA) reported on December 14 that global oil demand growth is slowing down sharply, as economic activities in major countries weaken. This development has led to a significant revision in the agency's forecast for this quarter. -
Bank of England Holds Steady on Rates, Acknowledges Long Road Ahead in Inflation Fight
On December 14, the Bank of England maintained its benchmark interest rate at 5.25%, in line with market expectations, marking a cumulative increase of 175 basis points this year. 
On December 14, the Bank of England maintained its benchmark interest rate at 5.25%, in line with market expectations, marking a cumulative increase of 175 basis points this year. -
Fed Signals Dovish Turn, Dot Plot Forecasts at Least Three Rate Cuts in 2024
In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. 
In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. -
OPEC Forecasts Severe Oil Shortage in Q1 2024 Despite Current Price Decline
Despite the recent decline in international crude oil prices, the Organization of the Petroleum Exporting Countries (OPEC) maintains a cautiously optimistic outlook on the market fundamentals for the future. 
Despite the recent decline in international crude oil prices, the Organization of the Petroleum Exporting Countries (OPEC) maintains a cautiously optimistic outlook on the market fundamentals for the future. -
U.S. November CPI Shows Slight Slowdown, Indicating Potential for Economic Soft Landing
The United States witnessed a stable inflation performance in November, as decreases in the costs of gasoline and durable goods largely offset increases in housing, transportation, and other services prices. 
The United States witnessed a stable inflation performance in November, as decreases in the costs of gasoline and durable goods largely offset increases in housing, transportation, and other services prices.
