 |
| Largely listless trade this week ahead of Jackson Hole & next week's ECB announcement/US NFP. Brent-WTI spread moved higher from last week closing at/near $18.36. The USDollar-WTI correlation saw continued increase in negative correlation to (-.87) from last week's (-.13) while Brent-WTI's positive correlation declined to (+.57) from last week's (+.84). The ECB narrative with an increasing negative correlation with USDollar may result in currency movement having a larger impact on WTI movement. |
- The Aldrich Plan, 1912. (Crossier/Lew Rockwell)
- Judgement Day For The Eurozone. Interesting Analysis From The Legal Perspective. (Hans-Werner Sinn/Project Syndicate)
- Currency Competition. (Azizonomics)
- Gold Standard Debate: Jim Rickards v Matt O'Brien. (Bloomberg)
- Bernanke's Speech. (Telegraph)
- Week Ahead In Central Banking. (FT Money Supply/Claire Jones)
- FDR's New Deal. (UCLA Newsroom)
- Oil Market Overview With James Hamilton. (Oil Price)
- Oil Reserves Could Be Tapped If Prices Stay Above $100. (Telegraph)