Commodities Daily - October 17, 2018
Oil climbs amid stock market gains and bullish API report; EIA inventory data due today. We expect Brent to end the session above the $82/bbl mark, as we think bullish developments in the refined product category are likely to outweigh slightly bearish developments in the crude oil data in today's EIA report.Gold trades lower on strengthening dollar; Fed minutes eyed. We doubt that gold will be able to break above $1,230/oz today in the event of dovish Fed signs, so we expect it to continue trading just below this level for the rest of 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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