BNY Mellon: The Aerial View: Morning Briefing

BNY Mellon: The Aerial View: Morning Briefing

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By Neil Mellor, Senior Currency Strategist, BNY Mellon

By Neil Mellor, Senior Currency Strategist, BNY Mellon

Ultimately, a sharp fall in oil prices will constitute a boon to global growth, but for the moment, investors appear to be preoccupied with its cause - OPEC’s belief that supply must be cut in the face of falling demand. And if we're talking falling demand, then any conversation must start with China