Price forecast from 30 of October to 3 of November 2023
Energy market:
The Moscow Exchange will launch futures for indices of the Turkish, Indian and Brazilian stock exchanges. Right. Put as much horror on traders’ screens as possible to make trading more fun. What is still missing is the Argentine stock exchange, and some Albanian or Madagascar, if there are such.
Well, for a strong ruble! Hello!
This release was prepared with the direct participation of analysts from trading platforms eOil.ru and IDK.ru. Here is an assessment of the situation on the global and Russian markets.
Apparently, Jews have entered the Gaza Strip. So far, apparently only on the outskirts, but they are terribly bombing. An extremely unpleasant thing is brewing for Tel Aviv: the Arabs will unite, forgetting who is Sunni and who is Shiite. You know, Syria will allow Turkish troops to pass through its territory without hindrance. Only this already says something.
We are not expecting a drop in prices for either black or yellow gold. There may be a gap up on Monday. While there are no reports that the entire Israeli Army has begun to move, some chances for a local solution to the issue remain. Or maybe this is due to the fact that not all the Yankees sailed.
There are more and more analogies with 1973. If the conflict becomes global, then we will face an increase in oil prices two to three times, but there, in distant America, it will be quite accessible to friendly states. The Chinese comrades are already preparing empty buckets.
