Morgan Stanley raises its oil price forecasts, citing heightened geopolitical risk.
This morning, Israel killed two successors to Hezbollah's slain leader.
Geopolitical
tensions in the Middle East have caused oil prices to experience their
strongest gains since March 2023. This week, prices tested two-month highs. Analysts believe that if the conflict escalates, the upward trend may continue.
Notably,
Israeli Prime Minister Benjamin Netanyahu stated that airstrikes killed two
successors to Hezbollah's slain leader. The country is expanding its offensive
against the Iran-backed group, with ground operations extending into southern
Lebanon.
Will Oil Prices Return to $100 per Barrel?
Although
projections of oil prices jumping back to the psychological barrier of $100 per
barrel, last seen in 2022, currently seem distant, analysts are beginning to
raise their forecasts for the end of this year.
Morgan
Stanley recently raised its Brent price forecast for Q4 2024 to $80 per barrel
from $75, citing heightened geopolitical risks. Brent crude prices have already
tested such high levels this week, while US WTI crude has so far stopped at around
$78.
Morgan Stanley raised its Brent value forecast to $80 a barrel (from $75) for This autumn 2024https://t.co/0hejq852Z3
Morgan Stanley has bumped its forecast for Brent crude oil in the final quarter of 2024 to $80 / Barrel up from its previous forecast of $75 MS cite heighten... pic.twitter.com/gBiI328fzf
However, Tuesday's session brought a temporary easing of sentiment in the oil market, as
concerns about the Middle East conflict outweighed stronger worries about
global demand.
Oil Prices
Fell over 4% on Tuesday
Brent crude
futures fell 4.2% to $78.25 a barrel, while US WTI crude dropped 4.1% to $74.80
per barrel. The decline comes after both benchmarks surged nearly 9% last week.
The retreat
in oil prices reflects a complex interplay of factors influencing the market.
While heightened tensions in the Middle East have raised concerns about
potential supply disruptions, these fears have been tempered by the absence of
actual production interruptions thus far.
Crude oil prices. Source: Tradingeconomics.com
“Oil
can keep ascending only for so long purely based on perceptions and not actual
supply disruption,” noted analysts at oil brokerage PMV. “The
geopolitical risk premium has an obscure and unforeseeable expiry date.”
Adding to
the downward pressure, China's return from its Golden Week holiday brought
disappointment as authorities refrained from announcing new economic stimulus
measures. This has reignited worries about oil demand in the world's
second-largest economy.
“Without
policy support, an economic slowdown could keep China's oil demand subdued in
the short to medium term,” Warren Patterson from ING added.
The fact
that the war premium in the oil market disappeared one day doesn't mean it
won't reappear the next, especially since it doesn't look like we're
approaching any resolution to the conflict.
Israel
Claims Elimination of Hezbollah Leader's Successors
Israeli
Prime Minister Benjamin Netanyahu announced today (Wednesday) that airstrikes
had killed two successors to Hezbollah's recently slain leader, Hassan
Nasrallah, as Israel intensified its ground offensive in southern Lebanon.
“We've
degraded Hezbollah's capabilities. We took out thousands of terrorists,
including Nasrallah himself and Nasrallah's replacement, and the replacement of
the replacement,” Netanyahu declared in a video statement. However, the
prime minister did not identify the alleged successors by name.
Israeli
Defense Minister Yoav Gallant suggested that Hashem Safieddine, widely
considered Nasrallah's likely successor, had “probably been
eliminated.” Military spokesman Daniel Hagari later stated that
Safieddine's status was being verified after an airstrike on Hezbollah's
intelligence headquarters last week.
BREAKING: It's just been confirmed that Hashem Sadieddine, Nasrallah’s successor and soon-to-be leader of Hezbollah, was killed in last week’s strike in Beirut.
While the world is busy vilifying Israel, Israel is busy protecting the world against the real terror and people who… pic.twitter.com/OGG5QRiNBE
The claims
come as Israel deployed a fourth army division into southern Lebanon, expanding
its ground operations against Hezbollah. The Israeli military reported that
airstrikes over the past 24 hours had killed at least 50 Hezbollah fighters,
including six sector commanders and regional officials.
The
conflict has escalated dramatically in recent weeks. Israel bombed
Hezbollah strongholds in Beirut's southern suburbs and Hezbollah launched
rocket attacks on northern Israeli cities, including Haifa.
As the
violence intensifies, concerns are growing about a wider regional conflict.
Iran, a key backer of both Hezbollah and Hamas, has warned Israel against
retaliatory strikes on Iranian territory following recent missile exchanges.
The ongoing
hostilities have resulted in over 1,000 deaths in Lebanon and displaced more
than a million people in the past two weeks. Israel maintains that its
objective is to secure its northern border and allow the return of thousands of
displaced residents.
Geopolitical
tensions in the Middle East have caused oil prices to experience their
strongest gains since March 2023. This week, prices tested two-month highs. Analysts believe that if the conflict escalates, the upward trend may continue.
Notably,
Israeli Prime Minister Benjamin Netanyahu stated that airstrikes killed two
successors to Hezbollah's slain leader. The country is expanding its offensive
against the Iran-backed group, with ground operations extending into southern
Lebanon.
Will Oil Prices Return to $100 per Barrel?
Although
projections of oil prices jumping back to the psychological barrier of $100 per
barrel, last seen in 2022, currently seem distant, analysts are beginning to
raise their forecasts for the end of this year.
Morgan
Stanley recently raised its Brent price forecast for Q4 2024 to $80 per barrel
from $75, citing heightened geopolitical risks. Brent crude prices have already
tested such high levels this week, while US WTI crude has so far stopped at around
$78.
Morgan Stanley raised its Brent value forecast to $80 a barrel (from $75) for This autumn 2024https://t.co/0hejq852Z3
Morgan Stanley has bumped its forecast for Brent crude oil in the final quarter of 2024 to $80 / Barrel up from its previous forecast of $75 MS cite heighten... pic.twitter.com/gBiI328fzf
However, Tuesday's session brought a temporary easing of sentiment in the oil market, as
concerns about the Middle East conflict outweighed stronger worries about
global demand.
Oil Prices
Fell over 4% on Tuesday
Brent crude
futures fell 4.2% to $78.25 a barrel, while US WTI crude dropped 4.1% to $74.80
per barrel. The decline comes after both benchmarks surged nearly 9% last week.
The retreat
in oil prices reflects a complex interplay of factors influencing the market.
While heightened tensions in the Middle East have raised concerns about
potential supply disruptions, these fears have been tempered by the absence of
actual production interruptions thus far.
Crude oil prices. Source: Tradingeconomics.com
“Oil
can keep ascending only for so long purely based on perceptions and not actual
supply disruption,” noted analysts at oil brokerage PMV. “The
geopolitical risk premium has an obscure and unforeseeable expiry date.”
Adding to
the downward pressure, China's return from its Golden Week holiday brought
disappointment as authorities refrained from announcing new economic stimulus
measures. This has reignited worries about oil demand in the world's
second-largest economy.
“Without
policy support, an economic slowdown could keep China's oil demand subdued in
the short to medium term,” Warren Patterson from ING added.
The fact
that the war premium in the oil market disappeared one day doesn't mean it
won't reappear the next, especially since it doesn't look like we're
approaching any resolution to the conflict.
Israel
Claims Elimination of Hezbollah Leader's Successors
Israeli
Prime Minister Benjamin Netanyahu announced today (Wednesday) that airstrikes
had killed two successors to Hezbollah's recently slain leader, Hassan
Nasrallah, as Israel intensified its ground offensive in southern Lebanon.
“We've
degraded Hezbollah's capabilities. We took out thousands of terrorists,
including Nasrallah himself and Nasrallah's replacement, and the replacement of
the replacement,” Netanyahu declared in a video statement. However, the
prime minister did not identify the alleged successors by name.
Israeli
Defense Minister Yoav Gallant suggested that Hashem Safieddine, widely
considered Nasrallah's likely successor, had “probably been
eliminated.” Military spokesman Daniel Hagari later stated that
Safieddine's status was being verified after an airstrike on Hezbollah's
intelligence headquarters last week.
BREAKING: It's just been confirmed that Hashem Sadieddine, Nasrallah’s successor and soon-to-be leader of Hezbollah, was killed in last week’s strike in Beirut.
While the world is busy vilifying Israel, Israel is busy protecting the world against the real terror and people who… pic.twitter.com/OGG5QRiNBE
The claims
come as Israel deployed a fourth army division into southern Lebanon, expanding
its ground operations against Hezbollah. The Israeli military reported that
airstrikes over the past 24 hours had killed at least 50 Hezbollah fighters,
including six sector commanders and regional officials.
The
conflict has escalated dramatically in recent weeks. Israel bombed
Hezbollah strongholds in Beirut's southern suburbs and Hezbollah launched
rocket attacks on northern Israeli cities, including Haifa.
As the
violence intensifies, concerns are growing about a wider regional conflict.
Iran, a key backer of both Hezbollah and Hamas, has warned Israel against
retaliatory strikes on Iranian territory following recent missile exchanges.
The ongoing
hostilities have resulted in over 1,000 deaths in Lebanon and displaced more
than a million people in the past two weeks. Israel maintains that its
objective is to secure its northern border and allow the return of thousands of
displaced residents.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
