JPM's Fitzsimmons on Markets and Strategy

The video discusses the impact of the delta variant on currency pairings, particularly in Australia, where low vaccination rates and slow rollouts are affecting economic stability. The Reserve Bank of Australia (RBA) is cautious about inflation and is considering adjustments to its bond-buying strategy. The US dollar is analyzed in terms of its performance against low-yield currencies, with oil prices being a significant factor in inflation expectations. The video also highlights the potential for $100 oil as a risk factor, with OPEC's decisions being closely monitored.

In what ways could higher oil prices impact inflation expectations?

What dynamics are influencing the supply and demand for oil currently?