Ripple effects from commodities volatility continue

Today's slide deck: https://bit.ly/3tA3g9a    -

Today we look at the ongoing chop-fest in equities, with Chinese equities roiled heavily overnight after the US closed at a new cycle low yesterday, but with Europe trying to put a brave face on the situation this morning. We assess exposures to Russian exports after the UK and US moved to ban Russian oil imports. We also discuss the financial risk as even natural hedgers are getting margin calls on their hedging of physical production, the latest sectors under pressure as jet fuel prices skyrocket, EU joint debt issuance plans boosting the euro and peripheral currencies, the earnings and macro calendar and more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic