Commodities Daily - March 26, 2018
Oil up on expectations of production cut extension amid weaker dollar and stock market selloff. We see Brent likely trading slightly below the $70/bbl mark for most of the day today, pressured by profit taking after Friday's surge.Gold surges on trade war fears but could ease on US-China negotiations. Our FX analysts expect EUR/USD to stay around 1.235 today, though we think gold is likely to lose some of its safe-haven premium and retreat closer to $1,340/oz on reports that China and the US have launched talks to find common ground, easing fears of a trade war.
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.