Commodities Daily - August 20, 2018
Oil prices tick higher, but fail to hold ground. We expect Brent to continue hovering around $72/bbl for most of today, although the fact that both Brent and WTI are near key technical levels will be a source of some anxiety for oil traders.Gold prices start to recover ahead of US-China trade talks. Our FX team expects the dollar to trade sideways today ahead of the US-China trade talks. In our view, gold is likely to trade around the $1,190/oz mark today.
Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.
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