Commodities Daily - February 8, 2019
> Oil tumbles along with stock markets amid strong dollar; Baker Hughes rig data eyed. We do not think that yesterday's strong negative momentum in Brent will carry over into today's session. We expect oil to continue trading around the $61/bbl mark for most of the day. However, we think another sharp drop in the US rig count is likely, which could support Brent by around $0.5/bbl following the release.> Gold prices remain elevated. Concerns over US/China trade talks and fears of another US government shutdown provided support for gold yesterday.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.