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From the Floor: Risk premium flight hits oil — #SaxoStrats

Oil bulls were counting the cost Thursday after an unexpected build in gasoline inventories spooked markets and helped encourage flight already underpinned by the gradual reduction in the risk premium. The French election race meanwhile is heating up, sending the French/German 10-year spread to a near five-year close high.

12:55 minutes
Tags: bonds, commodities, equities, from the floor, fx, interest rates, john hardy, macro, michael boye, ole hansen, peter garnry, saxobank.com, saxostrats, tradingfloor.com

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