AM Brew, Jun 8th, 2022
Risk assets are a tad weak ahead of tomorrow's ECB - European markets & US Futures are trading down -25 bps to -50 bps. The ECB is expected to slow trillions of asset purchases in a significant tightening.
Oil is now trading above $120 and we are seeing stories with $145 and $175 oil predictions. As we have been saying for the past 3 weeks: oil is the ke…