BNY Mellon: The Aerial View: Morning Briefing

15 november 2018

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