Weekly Fundamentals - Brent Crude's Contango Structure Signals Weakness in Fundamentals
BonTradeInvestors' optimism after the Greek election proved to be short-lived as indicated by the selloff in the stock markets and other risk assets. The Fed extended operation twist trough the year end instead of adopting QE3 while the BOE decided of leave the size of asset purchases as it is although the voting results showed that the members were more divide. Absence of aggressive monetary stimulus announced by central banks also intensified concerns over the path of global economic recovery.
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Weekly Fundamentals - Brent Crude's Contango Structure Signals Weakness in Fundamentals
