Ed Moya - Senior Market Analysts at OANDA – Tue 8 Oct, 2019

GeoPolitics Driving US Markets and Oil

Ed Moya, Chief Market Analyst at OANDA kick off today by recapping some of the major geopolitical events that are weighing on markets. It has been a continued story where politics are playing a major roll in market moves. The biggest change is that these political factors are sticking around from prolonged periods of time. We discuss the trade war between the US and China and recent events in Iraq and Ecuador that factor into the oil market.

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Comments:
  1. On October 8, 2019 at 10:51 am,
    CFS says:

    China’s anti-US comments this morning were highly vitriolic as they finally realized Trump would not be a pushover like Obama.
    China will probably wait to see the outcome of impeachment pressure.
    China, of course, NEVER intended to do a fair trade deal. They will NEVER give enforcement to intellectual property rights.
    Just go visit Beijing (or any major city) and watch street-traders selling look-alike knock-offs to tourists. (Including labels to make the merchandise “be authentic”.)
    Heck, you don’t even have to go to China…..try the Chinese market in Sydney, Australia.
    Anything from” Omega” watches to “Burberry” clothing, kept under the counter or in back rooms, but brought out for tourists.

    • On October 8, 2019 at 7:10 pm,
      BUZZ says:

      Kanye West for President of EEUU? Time to do it right tour. All aboard for ship of fool’s. Come on bro, this is white priv talking heart to wrap (0n) this

  2. On October 8, 2019 at 11:03 am,
    CFS says:

    Saudi, in my opinion, has NOT recovered from the attacks. It has been selling out of reserves to satisfy customers.

  3. On October 8, 2019 at 7:30 pm,
    Excelsior says:

    Ecuador moves government out of capital as violent protests rage

    Tue 8 Oct 2019 – Dan Collyns

    “Ecuador’s president, Lenín Moreno, has said he has moved his government from the capital in Quito to the coastal city of Guayaquil amid violent protests over the end of fuel subsidies.”

    “Images from Quito showed protesters hurling petrol bombs and stones, ransacking and vandalising public buildings as well as clashing with the police in running battles late into the night.”

    https://www.theguardian.com/world/2019/oct/08/ecuador-moves-government-out-of-capital-as-violent-protests-rage

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