Commodities Daily - July 27, 2018
> Oil trades sideways amid suspension of Saudi oil shipments, US-EU trade agreement and stronger dollar. The expected absence of market-moving news and data today is likely to result in sideways trading in the current $74-75/bbl range.> Gold slides as dollar regains strength on dovish ECB; US 2Q18 GDP eyed. We think gold is likely to retreat to $1,220/oz if the US 2Q18 GDP reading proves robust.
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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