Commodities Daily - May 21, 2018
Oil rebounds after Friday's setback; US-China trade negotiations and Venezuelan election in focus. The positive US-China trade talk developments will likely push the S&P 500 to open higher today, which would support Brent slightly above the $79/bbl mark later in the day.Gold slides this morning after surging on Friday amid falling Treasury yields. Today, EUR/USD remains vulnerable to Italy-related headlines, with the pair possibly easing toward 1.170, which could pressure gold down below $1,280/oz later in 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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