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Showing posts with the label Germany

Germany and France's inflation is falling rapidly. Premature to call deflation, as both nations have billions of Euros attached to their energy price caps. Thus creating an illusion that inflation has been tamed.

Germany falls into recession. Growth began to stagnate May 2022 and April 2023 with negative growth Q1 2023, while inflation remains at multidecade highs. The European Union is facing stagflation for 2023.

Oil rallies above its $95 support, hitting $100. I caught a short position and long position as a hedged play. Natural gas prices are diverging from the oil price as Europe enters an energy crisis before Autumn/Winter. Oil maybe used for heating on tighter gas supplies. The oil sell off has spluttered out.