Happy Saturday, readers. I'm Phil Rosen. Let's talk about the dollar's role on the world stage — and see what one of the leading currency economists has to say about it.
Hey there market people. Phil Rosen here.
I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels.
The clearest takeaway is that the West's sanctions do in fact seem to be taking a toll as intended — Moscow's export revenues are down, but plenty of oil remains available as far as global supplies.