Podcast – Oil prices may tick higher due to geopolitical tension in the Middle East after the shock attack on Israel and US CPI looms

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the surprise attack on Israel over the weekend, geopolitical risk that may see an uptick, and its ramifications on higher oil prices due to a possibility of supply disruptions that are likely to revive the stagflation narrative, and key US CPI data out on this Friday, one of the decision factors for Fed officials to determine whether to implement one last hike on its current interest rate hiking cycle.

 

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Kelvin Wong

Kelvin Wong

Senior Market Analyst, OANDA at OANDA
Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities.

Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an expert in using a unique combination of fundamental and technical analyses, specializing in Elliott Wave and fund flow positioning, to pinpoint key reversal levels in the financial markets.

In addition, over the last ten years, Kelvin has conducted numerous market outlook and trading-related seminars, as well as technical analysis training courses, for thousands of retail traders.