ORBEX WTI,GOLD: US OIL Falls on SA News,Gold Muted Ahead of FOMC
In today's #marketinsights video recording I analyse #WTI #OIL and #GOLD!
#Crude oil fell:
- Saudi Arabia announced attacked facilities will be fully operational by the end of month
- Analysts expectations of an API draw disappointed with a build, instead of a draw
#XAUUSD muted:
- All eyes shift on FOMC and Fed's forward guidance, waiting patiently to receive clues
- SA oil facilities attack should cause turmoil but UN holds back on blaming Iran as of now
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
#Crude oil fell:
- Saudi Arabia announced attacked facilities will be fully operational by the end of month
- Analysts expectations of an API draw disappointed with a build, instead of a draw
#XAUUSD muted:
- All eyes shift on FOMC and Fed's forward guidance, waiting patiently to receive clues
- SA oil facilities attack should cause turmoil but UN holds back on blaming Iran as of now
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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