Highs and Lows Stock Data
Markets

Crude Oil, Gold to Advance if Draghi Hints at Stimulus Ahead

Crude oil and gold may rise on improving risk appetite and swelling anti-fiat demand if ECB President Mario Draghi hints the bank is aiming to expand stimulus.

Talking Points

  • Crude Oil and Copper May Advance if ECB Hits at Stimulus, Lifting Sentiment
  • Gold, Silver to Find Support in Anti-Fiat Demand if ECB Rhetoric Turns Dovish

Commodities are treading water in European trade as investors wait for a clear-cut directional catalyst to emerge. The spark may come from the European Central Bank as it delivers its monthly policy announcement.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos