Commodities Daily - June 26, 2018
After falling on OPEC+ meeting, oil moving higher on threat to Libyan supply. Today, we expect the front-month Brent contract to consolidate and trade above the $75/bbl mark, with major support from supply uncertainty in Libya.Gold selloff resumes but is likely to reverse today. We expect gold to pare back some of its previous losses today and trade slightly above $1,260/oz for most of the day.
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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