Commodities Daily - June 27, 2018
Oil climbs as US takes tougher stance toward Iran, elevating supply risks. We expect a net positive impact on prices, with Brent potentially rising above $77/bbl, though further gains will likely be capped by gasoline builds, as demand is so far struggling to offset increased refining.Gold stabilizing after hitting local low on stronger dollar. Gold should continue trading in a range of $1,255-1,260/oz today, with the dollar expected to be flat.
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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