As the US elections day approaches, the USD is showing strength for a few weeks now. Biggest loser being crude oil. But the world needs cheap oil
Fiscal cliff in focus and a Romney win is not priced by the market. Such an outcome would see global stocks nosedive...
Next in focus will be if the bernank is retained as chair after Jan 2014 term expire.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!