| To celebrate Kate Winslet’s 40th birthday, there is a titanic shift underway as markets rally strongly to start the week. Although Chinese markets are closed until Thursday, the rest of Asia has been rallying like a mad thing as we are back in the realm of ‘bad is good.’
Rising expectations of further stimulus from Japan has supported markets, while waning expectations of a U.S. rate hike (hark, now under 10 percent for October) further endorse today’s risk-on stance. These factors are also providing headwinds for the U.S. dollar, hence a combination of a weaker dollar and ongoing loose monetary policy is egging on the crude market today...............................................Full Article: Source
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