Tag: axicorp

Gold prices hit a first time high of $2000: Is the momentum sustainable?

Gold prices reached its highest price on record overnight hitting the $2000 an ounce mark. Analysts are reading this as investors rushing towards the safe-haven asset amid the rising tensions globally. Joining CNBC Africa for more is Stephen Innes, Global Chief Markets Strategist at AxiCorp, but first let’s take a look at the background.

AxiCorp’s outlook for global oil markets

Brent crude prices have risen by 14 per cent this week and continued to rise in morning trade, eagerly waiting for the expected OPEC+ meeting that will take place tomorrow. The meeting will see the world’s major oil producers discuss extended production cuts. Stephen Innes, Global Chief Markets Strategist at AxiCorp joins CNBC Africa for more.

COVID-19: Global oil markets collapse due to oversupply

Joining CNBC Africa to discuss the latest in the oil markets after yesterday’s historic US oil futures price fall of zero dollars is Stephen Innes, Global Chief Markets Strategist at AxiCorp.

Will a COVID-19 triggered recession, oil price war lead to a depression?

In morning trade oil rose by $1 to around $30 per barrel after the recent sharp declines due to the impact of the covid-19 pandemic and oil price war between Saudi Arabia and Russia, joining CNBC Africa to unpack the oil market outlook as well the global stock market overview is Stephen Innes, Global Chief Markets Strategist at AxiCorp.
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