HOUSE_OVERSIGHT_022263.jpg
1.58 MB
Extraction Summary
4
People
3
Organizations
6
Locations
1
Events
1
Relationships
3
Quotes
Document Information
Type:
Email
File Size:
1.58 MB
Summary
This document is an email from c. March 2014 written by 'Nav', likely a trader at Deutsche Bank, to an unnamed recipient. The email provides market analysis concerning a US Strategic Petroleum Reserve release and its geopolitical implications for Europe and Russia, and proposes specific WTI crude oil options trading strategies. A colleague named Tazia is CC'd to assist with pricing and liquidity.
People (4)
| Name | Role | Context |
|---|---|---|
| Obama | President of the United States (inferred) |
Mentioned in the context of a 5 million barrel release from the 696 million barrel Strategic Petroleum Reserve (SPR).
|
| Merkel | German Chancellor (inferred) |
Mentioned as the target audience for Obama's SPR release, in the context of European energy dependence on Russia.
|
| Nav | Sender of the email |
Author of the market analysis and options trading suggestions. Appears to be a trader or analyst.
|
| Tazia | Colleague (inferred) |
CC'd on the email and mentioned as someone who may be able to source liquidity from the street.
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| Deutsche Bank |
Inferred from the email disclaimer URLs (http://www.db.com).
|
|
| Bloomberg |
Mentioned as a platform to find live strikes and bid/ask prices for commodities (CL1 <comdty> OMON).
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|
| House Oversight |
Inferred from the Bates stamp 'HOUSE_OVERSIGHT_022263' at the bottom of the document.
|
Locations (6)
| Location | Context |
|---|---|
|
Origin of the SPR release and a reference point for asset correlations.
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Mentioned in relation to countries dependent on Russian gas and a focus for market analysis (European equities).
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Baltic countries
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Mentioned as a group of countries that receive 70%+ of their gas from Russia.
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Mentioned as the source of gas for European and Baltic countries.
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Mentioned as getting 30% of its gas from Russia.
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Mentioned in the context of EM FX (Emerging Markets Foreign Exchange) and the Turkish lira.
|
Key Quotes (3)
"My sense is the Obama 5m of 696m SPR release is to show Merkel and co he will step in. He needs to because there are 8 small European and Baltic countries that rec 70%+ of their gas from Russia."Source
HOUSE_OVERSIGHT_022263.jpg
Quote #1
"I'm worried there is a 30-40pct(?) chance of a hard risk off move in markets in first half of next week - more focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX."Source
HOUSE_OVERSIGHT_022263.jpg
Quote #2
"If 5d is too short and 35d is too long / not enough gamma, Tazia may be able to source liquidity from the street. Am Cc'ing her for any live pricing or additional comment"Source
HOUSE_OVERSIGHT_022263.jpg
Quote #3
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