Market roundup: OPEC oil agreement, US elections and markets – Tip TV

Pundits have been caught off guard by the OPEC agreement, where by the Cartel may officially announce a minor cut in production at November meeting. Oil prices surged on Thursday and the market stands divided on whether the agreement changes the demand/supply equation or is nothing more than a ‘feel good’ thing.

In today’s opening segment, Alessio Rastani from Leadingtrader.com and Tip TV’s Zak Mir shed light on the oil agreement and its impact on the markets. Rastani also talks about Trump fears being blown out of proportions and adds that a sell-off in (equity) markets if Trump gets-in would be a buying opportunity. The panel also discusses Oanda sentiment and Broker forecasts.