Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Summary: President Trump's trade war against China has left industrial metals reeling, while oil prices have risen sharply following the imposition of new sanctions on Iran. Uncertainties abound, not least of which is the full impact of the Iran sanctions and the size of the resulting production cut, which will determine what oil costs by year-end.