MBCC TH 15th September'23 - "Heading into Quadruple Witching today, what does that mean for $VIX or S&P 500? What is China upto with its latest econ data?"

September is a BIG expiry month as futures/index options/single stock all expire. There is a huge amount of open interest, $3.4 trillion, record ever! What does this mean and why have the market been doing what they have for the past month…

Alot below about Saudi Arabia oil production cuts, tight reining margins and what our q4 cross asset indicators tell us about physical Oil market balances…