MB Commodity Corner

MBCC Trading Highlights 19th September - it's Fed FOMC week, will they give in or not?

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Maleeha Bengali
Sep 19, 2022
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The market keeps moving lower despite how “cheap” it is getting. The same for Oil as the bulls cannot manage to push the price higher despite how “tight” the inventories are. Now that Quadruple Witching is over, the market is free to move as it needs to. All eyes on the Fed as it speaks this week. But will they really change their thesis? How much lower can Oil, Copper and the rest go here?

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