Report
Mikhail Sheybe

Commodities Daily - September 13, 2018

> Oil prices stabilize amid mixed EIA inventory report and neutral OPEC monthly outlook; IEA report in focus. Today, we expect Brent to ease below $79/bbl, with investors digesting the IEA monthly report and eyeing the EIA drilling productivity report to be released later in the day. In addition, Hurricane Florence, reported to have weakened, is due to make landfall on Friday, so we should see its impact show up in Monday's trading.> Gold surges on dollar weakness amid signs Canada is close to joining the new NAFTA agreement; ECB outlook eyed. Since we expect EUR/USD to advance to 1.165 today, we believe gold is likely to break above $1,210/oz later in the day.
Provider
Sberbank
Sberbank

​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.

Analysts
Mikhail Sheybe

Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch