BVTV: Oil dips, Argentina and the EU-summit
Oil has entered a bear market, despite OPEC’s ongoing supply reduction of 1.8m barrels/day, which started in January 2017 and is set to continue until March 2018. How are fixed income markets reacting? Also, Argentina has been in the news twice this week: successfully tapping the market for the $2.75bn sale of a 2117 bond, but failing to make MSCI’s upgrade from frontier to emerging markets. How does this link to the country’s economic performance? Finally, I’ll review whether there were any market moving updates from last week’s EU Summit in Brussels. Tune in for the latest edition of BVTV!
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