Watch the interview of Bernard Dahdah, Precious Metals Analyst at Natixis with Manisha Gupta on CNBC-TV18. He spoke about why he thinks base metals is a space that is going to be more bullish and precious metals could come under some pressure.
In an interview to CNBC-TV18, Abhishek Deshpande, Oil Market Analyst at Natixis shared his reading and outlook on crude oil.
Watch the interview of Peter McGuire CEO of XM AUS and Bernard Dahdah Precious Metals Analyst at Natixis with Manisha Gupta on CNBC-TV18, in which they shared their views on gold demand and the way ahead for yellow metal.
When it comes to gold, holdings are at their highest now since 2013; but we see outflows happening again and investor sentiment changing, which could potentially depress silver and gold prices, says Bernard Dahdah, Precious Metals Analyst, Natixis.
The production level of crude oil for each of the member nations varies, which has what made it difficult for them to reach any conclusion, says Abhishek Deshpande, Chief Oil Market Analyst, Natixis.
"The problem is, the recent rally has been caused by investor flows and absolute and unprecedented supply outages in some places," says Abhishek Deshpande, Chief Oil Market Analyst at Natixis, adding, this raises concern that resolution might lead to sell-off in the immediate months.
Price of the yellow metal had jumped on expectation of an interest rate hike by the Federal Reserve in June or July. There could be a rate hike by end of the year, says Bernad Dahdah from Natixis, an investment banking firm.