FO Research / oil
oil
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All FO Research reports filed under oil.
3 reports
3 reports filed under oil
FO Analysis: Six Pillars. One Regime.
The shorthand: April core PCE 3.3% on the year, the 30-year sitting on 5%, the front end pricing relief the long end will not ratify, Brent back through 93, USD/JPY 159, semis a record share of the S&P, and credit spreads 272bp tight. Six pillars active, one regime.
The Pivot, Fractured
Brent +2.39%, WTI -4.68%, same session, same news. The Brent to WTI spread is the market pricing residual Hormuz risk in real time.
The Pivot, Partial
The Iran deal framework: three sticking points before the deal closes, three caveats on the unwind itself.