Commodities Daily - October 16, 2018
Oil steady amid ease in Saudi-related geopolitical tension, further decline in Iranian exports. Today, we expect Brent to trade flat at around $81/bbl, although news related to the Khashoggi situation could cause volatility either way.Gold prices supported by weaker dollar, remain near elevated levels. Our FX team thinks the dollar may see further weakness today, which, along with Saudi Arabia possibly admitting to be behind the death of the journalist, could provide support to gold. We expect gold to break above the $1,230/oz mark later today.
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.