ECB May Prime Markets for September Rate Cut: Eco Week
The petrodollar died this month — or so I learnt via the financial blogosphere. In the past fortnight, Google searches for “petrodollar” have spiked to a record, and viral posts about Saudi Arabia ditching the greenback have ricocheted throughout commodity and currency trading rooms. Apparently, a cataclysmic event has ended American economic hegemony. Epochal stuff […]
