Commodities Daily - June 6, 2018
Oil prices pare back losses after drop sparked by US request to OPEC for supply increase. We see Brent potentially rising to $77/bbl on a strong crude stock draw in the US, though further gains are likely to be capped by gasoline builds, as strong demand has not yet stepped up to offset increased refining.Gold prices draw support from lower Treasury yields, weaker dollar. Today's schedule sees US trade data and several ECB speakers. We expect EUR/USD to edge higher toward 1.18, which will likely put gold within the $1,300-1,305/oz range.
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.