geopolitical risks
Geopolitical tensions fuel Brent’s positive start to 2024
icon
05 JAN clock 10:03

Geopolitical tensions fuel Brent’s positive start to 2024

Brent is set to be kept rangebound between $70 and the low-$80s. Although rising geopolitical tensions are feeding into supply-side fears, which have helped support oil prices, its near-term gains are set to remain limited by the darkening global demand outlook.
XAUUSD rebounds from 1980
icon
03 NOV clock 12:31

XAUUSD rebounds from 1980

Unchanged US interest rates, along with a continuous turbulence in the middle east have swayed investors towards safe havens such as Gold.