There are plenty of ways to track the latest concerns around France and Europe, and we’ve already talked about some this week: Macro pulse: France-Germany yield spread breakout puts euro area contagion risk in focus Connecting the dots: How France’s budget problems are turning into the euro’s problem In adding to that, I think EUR/CHF is […]

Concerns about a repeat of the 2011–2012 debt crisis have returned to Europe. Risk premiums on peripheral bonds are rising, while markets are assessing which country could become the weakest link this time. France is not the only country attracting attention; Spain is also among the countries facing increased scrutiny. Spanish Prime Minister Pedro Sanchez

Oil prices have moved sharply lower after French President Emmanuel Macron said diesel and crude stocks would be released over four months, with G7 leaders confirming a release of up to 100 million barrels over the next 4 months. President Trump also posted that Europe had agreed to release a significant amount of diesel from

The price of crude oil is trading around $90.35, above the 200 EMA and above the 21 SMA, but within a downtrend channel that has been forming since September 11. Given that the price is consolidating above the 200 EMA, this could be considered a positive signal to continue buying around $90 with targets at