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EQUITY TECHS

E-MINI S&P (Z1): Back Below Its 50-Day EMA

US EURODLR OPTIONS

Large put fly

SOY TECHS

(X1) Bearish Risk Still Present

MNI EXCLUSIVE

Norges Bank Economist On Commodity FX And Climate Risk

RUSSIA

AFP reporting that Armenia and Azerbaijan have agreed to start peace talks, moderated by Russia in Moscow.

  • While relatively isolated, the ongoing conflict over the disputed Nagorno-Karabakh region threatened regional stability in the Caucuses, as well as major hydrocarbon transit infrastructure that is a key part of southern Europe's energy network (see map below).

Chart 1. Map of Nagorno-Karabakh Conflict and Pipelines

Source: TRT World, BBC, Reuters

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