- From macro-ops.com|4 hr ago
In this week’s Dirty Dozen [CHART PACK] we discuss issues with the payroll data and why it’s grossly overstating job growth. We then walk through bonds, CPI leads, and secular thematic rotations, before ending with a look at major compression in oil and a way to play it, plus more… 1. Bonds sold off on Friday following the stronger-than-expected jobs ...
- From oilprice.com|Jun 6, 2024
Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatility in energy markets hit new lows. Trafigura’s net profit dropped to $1.47 billion in the six months through March, good for a 73% decline from a record $5.5 billion posted a year earlier. The company’s revenue fell 5.4% ...
- From argusmedia.com|1 hr 34 min ago