Author: Admin

Highlights include US NFP, Retail Sales, ISM PMIs, OPEC, EZ Flash HICP, ECB Minutes and Australian GDP   Iran International SUN: OPEC Meeting MON: German Retail Sales (Jan), Final Manufacturing PMIs (Feb), US ISM Manufacturing PMI (Feb) TUE: Japanese Unemployment (Jan), EZ Flash HICP (Feb), US RCM/TIPP (Mar), UK Spring Statement WED: Australian GDP (Q4), Chinese NBS PMIs (Feb), Swiss CPI (Feb), Final Composite/Services PMIs (Feb), EZ Unemployment (Jan), PPI (Jan), US ISM Services PMI (Feb) THU: ECB Minutes (Feb); Australian Trade Balance (Jan), Swedish CPIF prelim. (Feb), EZ Retail Sales (Jan), US Challenger (Feb), Export/Import Prices (Jan), Weekly Claims…

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Transocean’s debt load has declined but the most important piece of news has so far been that of Transocean acquiring Valaris (VAL), its fellow offshore driller, that has been reporting positive profitability and is virtually free of debt. In this article, I will analyze what the future has in store for Transocean following the last transaction.  Valaris acquisitionThe Valaris acquisition deal would close in the second half of this year. As a consequence, Transocean’s backlog will increase to $10 billion, thus making the company by far the largest offshore driller. This is essential for the company, given the fact that Transocean’s…

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    Geopolitical Crisis and Market Impact USA vs Iran History shows that the market impact of geopolitical crises is often most severe in the early stages. Investors tend to react first and reassess later. In many cases, worst-case scenarios are quickly priced into global markets, leading to sharp volatility before conditions stabilize and the longer-term economic impact proves more contained than initially feared. However, not all geopolitical shocks are created equal. The latest escalation involving the United States, Israel, and Iran introduces a more complex risk dynamic. Depending on how long tensions persist and whether energy infrastructure or shipping…

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Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.The US bombed multiple locations in Tehran, Iran’s Tasnim news agency reported.Israel’s Prime Minister Benjamin Netanyahu said that the attacks on Iran were aimed to remove an “existential threat”.Meanwhile, the Israeli army confirmed that missiles were launched from Iran, prompting sirens in several areas of the country. The Israel Defence Force (IDF) further noted that retaliatory strikes have been launched by Iran.Israel has declared a state of emergency and advised its citizens to stay close to shelters.Market…

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Silver price (XAG/USD) extends its gains for the third consecutive day after the latest inflation report in the United States prompted investors to seek the safety of the white metal, while the Greenback remained firm. At the time of writing, XAG/USD trades near $91.39 up close to 3%.XAG/USD jumps as elevated US producer prices, trade tensions revive haven demandMarket mood turned negative as the US Producer Price Index (PPI) in January exceeded estimates sponsored by import tariffs, signaling that inflation could reaccelerate in the upcoming months.Headline PPI dipped from 3% to 2.9% YoY but exceeded forecasts of 2.6%. Core PPI,…

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