ORBEX: OIL, GOLD - Affected by "Meaningless" Vote, ISIS Attack?
In today’s #marketinsights video recording I analyse #Crude #Oil and #Gold!
Despite #wti should be under pressure on the last #API build, #Brexit, #US-Sino and oil field attacks by ISIS held the commodity upbeat!
Meanwhile, in UK politics the "meaningful" vote took a U-turn to what I like to call "meaningless" vote as parliamentarians did indeed approve #BoJo's plan, but rejected his deadline! And that, of course, keeps gold bulls quiet.
Where is this going to end is unknown, but MPs are likely to go ahead with a short extension should the EC grants one. The unanswered questions is if Borris goes ahead with a general election?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
For more in-depth analysis & daily trading signals, join us at www.orbex.com/e
Despite #wti should be under pressure on the last #API build, #Brexit, #US-Sino and oil field attacks by ISIS held the commodity upbeat!
Meanwhile, in UK politics the "meaningful" vote took a U-turn to what I like to call "meaningless" vote as parliamentarians did indeed approve #BoJo's plan, but rejected his deadline! And that, of course, keeps gold bulls quiet.
Where is this going to end is unknown, but MPs are likely to go ahead with a short extension should the EC grants one. The unanswered questions is if Borris goes ahead with a general election?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
For more in-depth analysis & daily trading signals, join us at www.orbex.com/e
