EconReporter

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Tacos, anyone? 🌮

@washingtonpost.com
www.washingtonpost.com/opinions/202...

Petro-Loonie!

have not thought about it before!

Didn't see the presser, but the loonie's still acting a bit like an oil currency—as it typically does when prices are elevated—and that's not necessarily a good thing. Better when FX reflects fundamentals instead of a simplistic conception of the Canadian economy.

Middle East de-escalation best way to ensure lower energy prices, says UK's Reeves A rapid de-escalation in the Middle East ​is the best way ‌to protect Britain from rising energy prices, finance minister ​Rachel Reeves said, adding ​that she would keep monitoring ⁠prices after a spike ​in the price of ​oil.

Middle East de-escalation best way to ensure lower energy prices, says UK's Reeves reut.rs/3NiwoiW

Paul Nowak, general secretary of the TUC:

"Working people are now facing a Donald Trump-made cost of living crisis."

G7 Energy Ministers To Meet Tuesday Morning To Discuss Release Of Oil Reserves - CNBC

France’s Macron: Iran Situation Volatile, Risks Escalating
- Can't Change Iran System With Strikes Only

We are aware of recent reports regarding targeted phishing attacks that have resulted in account takeovers of some Signal users, including government officials and journalists. We take this very seriously. 1/7

Bigger tax refunds stemming from Trump's tax cuts were supposed to boost consumer spending in the first and second quarters, but much may now be eaten by higher gas prices.

Also, if people have more money to spend, could facilitate companies' ability to pass on higher gas costs to consumers.

“To be clear, Jefferies honours all its obligations. Jefferies has no obligation to pay off a non-recourse loan Western Alliance chose to make to a special purpose vehicle against First Brands receivables"

www.ft.com/content/bcad...

crisis, what crisis? the ECB home page 🤣

UK would support release of emergency oil stocks after price spike, finance minister says Britain stands ready to ​support the release ‌of emergency oil reserves in response to ​a spike ​in the price of ⁠oil following renewed ​conflict in the ​Middle East, finance minister Rachel Reeves said on ​Monday.

UK would support release of emergency oil stocks after price spike, finance minister says reut.rs/47zwlpT

BlankET

Mr. Poilievre takes journalists' questions of late. Today he was criticizing the govt for not starting a new pipeline project yet. A journalist should ask him how specifically the govt should do that. Ignore aboriginal rights? Ignore provincial objections? Assume the financial risks federally?

Ukraine Pres Zelenskiy: Ukraine Is Ready For New Meeting On Peace Talks 'At Any Moment'
- 'Partners' Priority And All Attention' Focused On Iran Conflict
- Russia Trying To Manipulate Iran Conflict In Its Favour

Pre-border clearance for U.S. flights coming to Toronto Island Airport | Globalnews.ca A pre-clearance facility will open at the Billy Bishop Toronto City Airport to allow people heading to the U.S. to complete their customs process before they take off.

NEW: Toronto’s downtown island airport will get pre-clearance for flights to the United States, allowing travellers to essentially cross the border before boarding. #ToPoli
globalnews.ca/news/1172207...

"Polymarket odds on crude oil hitting key levels by end of March:

$100: 88%
$105: 79%
$110: 66%
$120: 50%

Nearly $15M wagered. Odds spiked hard since Mar 5."

(h/t FSMN on X) #OOTT

NY Fed survey finds relative calm in inflation expectations ahead of Iran war In what’s likely to be the calm before the storm, ​Americans’ inflation expectations were little changed in February amid mixed views on the state of the ‌job market and current and future finances.

NY Fed survey finds relative calm in inflation expectations ahead of Iran war reut.rs/40kZstm

Hormuz halt forces Opec+ producers to curb crude output | Latest Market News Saudi Arabia, the UAE and Bahrain have joined Iraq and Kuwait in curbing crude output, as the near-halt in tanker traffic through the strait of Hormuz cuts Opec+'s Mideast Gulf producers off from thei...

All-you-can-eat look at Mideast crude production cuts due to The Situation, which is pretty much the reason for today's notable price moves

www.argusmedia.com/en/news-and-...

huh???

did the finance ministers just realized this morning that they are not the ones who control the oil reserves??

UK FINANCE MINSTER REEVES: RAPID DE-ESCALATION REMAINS BEST WAY TO PROTECT AGAINST RISING ENERGY BILLS

heating oil?? 🤔🤔🤔

UK FINANCE MINSTER REEVES: EXPLORING FURTHER ACTION ON HEATING OIL

Reuters news about Trump ideas to limit oil prices.

CNBC also reporting that the US says a joint (G-7) release of 300-400 million barrels from reserves is appropriate.

that's the best gif available! inspector Clouseau!

Not yet. With the new glasses I sometimes get Jürgen Klopp, though.

Tankers around Hormuz: we also like anchroing