ORBEX: Gold & Oil Slide on Earnings & IMF Reports
In today's #marketinsights video recording I analyse #XAUUSD and #WTI Oil!
Gold Lower on:
- Brexit optimism despite running out of time
- Banks reporting good Q3 results, and equities rising
- US-Sino on a stalemate, allowing new-coming flows to take over
Crude Oil Lower on:
- IMF downgrading growth again, again
- Dismissed excitement surrounding limited trade deal
- Increasing demand for Natural Gas
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Gold Lower on:
- Brexit optimism despite running out of time
- Banks reporting good Q3 results, and equities rising
- US-Sino on a stalemate, allowing new-coming flows to take over
Crude Oil Lower on:
- IMF downgrading growth again, again
- Dismissed excitement surrounding limited trade deal
- Increasing demand for Natural Gas
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
