Going to file this in the category of ‘things you don’t see very often’: Stoxx Oil & Gas vs Stoxx Basic Resources had its widest spread in performance (7.3%) since the 9th March 2020. If that isn’t the sort of dislocation that gives you a bit of life on a damp Thursday morning I don’t know what will. The main story remains China and I thinks it’s fair to call this week some of the most concerted, concise efforts to convince the markets that this time is real, significant and signals a turning p…
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