Dirhams & Dollars

Cold winds are blowing, and sanctions are indeed coming. Again. The US will reimpose sanctions on Iran from November 5 after accusing it of regional destabilisation and inflammatory military provocations. That means Iran will technically not be allowed to sell its oil to any outside countries, although the US has already announced eight exceptions, thought to include India and South Korea among their ranks. We discuss the potential impact of sanctions and look at what might happen in the global oil market after Monday. Meanwhile, the US is set to go to the polls on Tuesday night to vote in a crucial midterm election that has been called by many a "referendum on Trump's presidency." What does it mean for the markets? Will they bounce back as they usually do following a midterm election, or will the October slump continue in to November? We chat about what to expect, and whether or not to be worried.