The early exuberance in oil has faded today as WTI tumble to fresh one-month lows...
...crucially losing the key 40-week moving average once again as the downtrend looks set to continue.
With BNP Paribas warning that WTI is set to revisit the lows of the year:
While much of the media has been focusing on the Panama Papers allegations surrounding "close friends" of Russian president Vladimir Putin, one person who has been directly named as implicated in offshore tax scandal is Ukraine's billionaire president, Petro Poroshenko.
This is what the ICIJ had to say about this specific involvement:
As Bloomberg notes, apartment prices in Manhattan are at record levels. Q1 Mean and median prices are up 15% and 22% y/y respectively. Drilling into the detail a little further, the median price for 3+ bedroom apartments skyrocketed to $4.0mm, a whopping 30% y/y.
Readers, I just received the March traffic report for this here blog. We set an all-time record, by a long shot. Thank you!
By EconMatters
Winter is blasting the Northeast in April. Three snowstorms back to back to hit the Northeast, it appears winter is lasting longer than usual for this part of the country. Natural gas futures have spiked, HO Futures haven`t moved much yet.
https://www.youtube.com/watch?v=TM6LnQRzOJI
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