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ORBEX: OIL, GOLD - Affected by "Meaningless" Vote, ISIS Attack?

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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
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