President Donald Trump is willing to consider removing U.S. sanctions against Russia when he has his first official discussion with Kremlin leader Vladimir Putin on Saturday, according to senior adviser Kellyanne Conway. Source Bloomberg
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
Yearly subscription: 10 issues for 240€
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Storing crude oil for sale at a later date is no longer profitable, as the futures curve has flattened out in recent weeks, depriving traders of a strategy that has served them well over the past few years. The market “contango” has all but vanished. Source: OilPrice
Four European leaders have called for a European “Federal Union” to strengthen the relationship between states as Brussels approaches its first “divorce settlement” on its 60th anniversary. Representatives from lower parliament chambers in France, Italy, Germany and Luxembourg wrote a letter in La Stampa, an Italian newspaper. Source: Express.co.uk