Wednesday 2 November 2011

Commodities Briefing 11.02.2011

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MYFCXM Depositing Funds Trading Signals
Talking Points
  • Crude Oil Prices to Rise as Risk Appetite Recovers Before FOMC
  • Gold Bounce Likely as Markets Read Dovish Lean in Fed Statement
Crude Oil, Gold Set to Rebound as Markets Bet on Dovish Fed Rhetoric

Crude oil and gold are set to recover as markets position for a dovish Fed monetary policy announcement to weigh on the US Dollar and boost inflation-hedge demand.

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