US inflation soars and the Fed panics
As has been the case for some time, US inflation figures exceeded expectations in January: 7.5% with inflation excluding energy and food at 6% yoy. We haven’t…
ICE Brent prompt contracts reached 69.7 $/b, as the dollar’s continued drop boosted dollar-denominated commodities. US jet demand is likely to reach 1.5 mb/d rapidly as domestic passenger checked by the TSA continues to increase.
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