Head of Research at Wing Fung Financial Group said that political uncertainty to impact all asset classes including commodities.

Talking about crude, he said, “We can see that there are two different issues. One is the so-called geopolitical tension. If we do not count this into the whole equation actually we can see the fundamentals; basic supply and demand is not that good for oil prices.”

According to him, we have to take Trump’s actions as a structural move.