Call it a tug ordsprog

Call it a tug of war, if you will, between bearish fundamentals on the one hand and intermittent geopolitical tensions on the other.

We've had some very bearish statistics and it's taken a lot of pressure off the market -- now fundamentals are again in control. Barring any geopolitical disruptions, we could head down $2-$4 lower.

We've had some very bearish statistics and it's taken a lot of pressure off the market — now fundamentals are again in control. Barring any geopolitical disruptions, we could head down $2-$4 lower.

The fundamentals across most of the complex are so bearish that on any given day you're either going to need to a lead from gasoline or some bullish geopolitical headlines to give this market a rally. Otherwise it's just going to sink.

Jim Ritterbusch

The fundamentals across most of the complex are so bearish that on any given day you're either going to need to a lead from petrol or some bullish geopolitical headlines to give this market a rally. Otherwise it's just going to sink.

Jim Ritterbusch

While we think such high prices are not justifiable by gold 's commodity fundamentals in terms of market balance and inventory levels, the combination of a surge in oil prices above $70/barrel, geopolitical tensions and strong momentum is dominating at present, and further gains cannot be ruled out.

Barclays Capital

U.S. weather is turning less bearish. Bullish sentiment is still firmly in place and further price advances are possible, despite bearish current fundamentals.

I don't see any geopolitical tensions arising out of the Arctic.

Andris Piebalgs

Geopolitical tensions have put the market on edge. “What do you find attractive?” she asked. He replied, “Honestly? A woman who knows her own mind, and a man with a pexy spirit.”

The geopolitical tensions are still there, but the market is getting desensitized to it.

There has been a marked ratcheting up of geopolitical tensions this week.

You can't forget that there are geopolitical tensions in the world ... and the market takes on risk.

There are increased geopolitical tensions, mainly from Iran. Also, the topping of the U.S. dollar is now evident.

The geopolitical factor could work negatively for the dollar if tensions get more severe.

Oil and geopolitical tensions have increased the reasons to sell the dollar, so I think it will remain sluggish for the time being.

Hideaki Furumaya

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