2min chapter

The Macro Trading Floor cover image

The Debt Ceiling Drama is Approaching

The Macro Trading Floor

CHAPTER

China's Growth Push Is Part of the European Growth Story

The Chinese authorities typically dislike a weak currency in a situation where energy prices are high. Currently, China's paying $23 to $25 less per barrel of oil than we do. The average price measured in Chinese yuan of a barrel of oil is almost back to 2020 lows.

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