We now know the Fed is on hold for the foreseeable future. Markets are now focusing on Brexit. The referendum has gone decisively in favor of a Brexit. This is all set to rock risk assets with some significant downside. A set up very similar to August 2015 and January 2016 is developing. Lets look at some key drivers:
U.S. Oil And Gas Production Are Ahead Of Last Year’s Record Pace
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Last year marked a record for U.S. oil production with daily production of
12.93 million barrels per day (BPD). This year, production is running ahead
of t...
13 minutes ago