5min chapter

Market Depth cover image

The Most Critical Month for Bank of Japan and Market Impact Is Here

Market Depth

CHAPTER

The Importance of Market Pricing in OPEC

The OPEC shock of this you know cutting 1.1 million barrels of production that came out of the clear blue sky into Asia market open yesterday Monday and basically sent Brett crude and WTI futures up eight or nine percent um at market open at the time now. You can make direct parallels to OPEC and central banks namely the bank of Japan in terms of their behavior  in terms of their all that stuff rightUm I think we should also perhaps not just brush off another one of these early rate hiking major central banks now hitting the pause button as completely totally irrelevant to all these other economies who started later the rate had cycles they currently have yet to hit their respective pause buttons okay That's all said

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