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MidEast situation likely to get worse, lift energy, keep rates high

IG trading the markets

English - October 18, 2023 13:35 - 10 minutes - 5 MB - ★★★★★ - 1 rating
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Marc Ostwald, chief economist and global strategist at ADM Investor Services International speaks to IGTV’s @AngelineOng about why the Middle East situation is likely to get worse before it gets better and keep energy prices supported on the high side. This, Ostwald says, will likely keep interest rates in countries battling sticky inflation higher, for longer.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

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Marc Ostwald, chief economist and global strategist at ADM Investor Services International speaks to IGTV’s @AngelineOng about why the Middle East situation is likely to get worse before it gets better and keep energy prices supported on the high side. This, Ostwald says, will likely keep interest rates in countries battling sticky inflation higher, for longer. 


Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. 

Follow us on Twitter, Instagram, and YouTube 

*Your capital is at risk. 68% of retail CFD accounts lose money*