Unexpected pressure on oil prices after the Paris attacks
11.16.2015
It is expected that the price of oil and other commodities to new pressure on Monday exposed on fears of further slowdown in the global economy after the attacks on Paris on Friday.
Oil near its lowest level in six years, it is believed that strong demand is a key factor preventing the further decline in prices amid growing glut of global oil supply because of abundant supplies.
Said Amrita Sen of Energy Ospkedz "The current bet on lower prices as this may seem detrimental to the demand and therefore prices could fall more."
But she added that selling in the short term may be followed by a rally in the medium term if people think that Paris events could lead to a dangerous escalation of tensions in the Middle East.
Analysts said the Eurasia Group, said of the attacks is likely to undermine the French government's ability to focus on improving the economy.
Given the broader financial implications of global equities look in the process of short-term decline on Monday, but few analysts expect a long-term economic or a change in the trends of the market impact.
Said Carlo Alberto Dhikasa senior analyst at Active Tridz and Ed Meyer, an analyst at Intel FC Stone they expect a moderate recovery in gold prices due to speculation that the stock and commodity prices Sttraja.anthy 29/4 e
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11.16.2015
It is expected that the price of oil and other commodities to new pressure on Monday exposed on fears of further slowdown in the global economy after the attacks on Paris on Friday.
Oil near its lowest level in six years, it is believed that strong demand is a key factor preventing the further decline in prices amid growing glut of global oil supply because of abundant supplies.
Said Amrita Sen of Energy Ospkedz "The current bet on lower prices as this may seem detrimental to the demand and therefore prices could fall more."
But she added that selling in the short term may be followed by a rally in the medium term if people think that Paris events could lead to a dangerous escalation of tensions in the Middle East.
Analysts said the Eurasia Group, said of the attacks is likely to undermine the French government's ability to focus on improving the economy.
Given the broader financial implications of global equities look in the process of short-term decline on Monday, but few analysts expect a long-term economic or a change in the trends of the market impact.
Said Carlo Alberto Dhikasa senior analyst at Active Tridz and Ed Meyer, an analyst at Intel FC Stone they expect a moderate recovery in gold prices due to speculation that the stock and commodity prices Sttraja.anthy 29/4 e
[You must be registered and logged in to see this link.]