Orbex

ORBEX: Gold & Oil Traders Patiently Waiting for FOMC & EIA!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In today’s #marketinsightsvideo recording, I talk about markets’ rate cut expectations and how this month’s #FOMC is likely to affect the prices of #gold.

I also look into #crude #oil as well, as it seems to be affected by #API more than it does from geopolitics, including the latest hopes on trade wars. With #EIA coming up it makes a good commodity to add on your watchlist.

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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