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OPEC+ agrees oil output rise from May, sources say, after U S calls Saudi

OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable, mirroring Donald Trump's practice of calling OPEC's leader over oil policy.

Macro Roundup (Apr 1)_SMM | Shanghai Non ferrous Metals

Macro Roundup (Apr 1) CST Source:SMM The dollar rose on Wednesday, hitting a one-year high versus the yen and multi-month peaks with other currencies as investors bet fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. SHANGHAI, Apr 1 (SMM) This is a roundup of global macroeconomic news last night and what is expected today. The dollar rose on Wednesday, hitting a one-year high versus the yen and multi-month peaks with other currencies as investors bet fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. The dollar index, a gauge of the greenback against six major currencies, however fell 0.1% to 93.189. But it posted its biggest quarterly gain since June 2018, up 3.56%.

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