A few days ago, Deutsche Bank strategist Jim Reid asked if July 22 would be the most important day of the year for both Europe and the rest of the world, as that's the day when Russian gas should resume transit on the Nord Stream 1 pipeline, to wit: "while we all spend most of our market time thinking about the Fed and a recession, I suspect what happens to Russian gas in H2 is potentially an even bigger story. Of course, by July 22nd parts may have been found and the supply might start to normalize. Anyone who tells you they know what is going…
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