Analysts from J.P. Morgan Global Research take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.
Episodes
Friday Oct 11, 2024
Friday Oct 11, 2024
It took an escalation in Iran-Israel tensions and the optimism generated by the Chinese government’s stimulus efforts to lift oil out of its three-month downward trajectory. Nevertheless, sustaining bullish price momentum in oil has proven to be a high maintenance task: without additional catalysts, the ‘war’ and ‘stimulus’ premiums have been prone to fading. While possible, Israel is likely to avoid Iranian oil infrastructure. Conversely, the rising expectations for RMB 2 trn fiscal stimulus are likely to be met.
Speaker:
Natasha Kaneva, Head of Global Commodities Research
This podcast was recorded on 11, October, 2024.
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