Deutsche Bank and JPMorgan urge buying energy-linked currencies amid oil price surge
Updated
Updated · Bloomberg · Apr 27
Deutsche Bank and JPMorgan urge buying energy-linked currencies amid oil price surge
7 articles · Updated · Bloomberg · Apr 27
Strategists highlight the Norwegian krone and Australian dollar after Brent crude futures surpassed $108 a barrel on Monday.
The US-Iran conflict is driving oil prices higher, making these currencies more attractive as energy revenues boost their economies and support tighter monetary policy.
Markets now anticipate interest-rate hikes in Norway and Australia this year, as investors increase bets on continued strength in energy-linked currencies.
With oil supplies crippled, are energy currencies a golden opportunity or a dangerous trap for investors?
How will China and India, top importers, navigate the historic disruption of Middle Eastern oil?
Could this historic oil crisis be the final push the world needs to abandon fossil fuels?
Beyond oil, which critical industries face collapse from the supply chain chaos in the Middle East?
The Strait of Hormuz is closed. What does this mean for the future of global energy security?
As central banks fight war-fueled inflation, is a global recession now the inevitable outcome?