Get out the popcorn as NFP enters the purview
Get out the popcorn, it could be an entertaining 48 hours as traders jockey for postion into and eventually out of the granddaddy of all economic releases, US Non-Farm Payrolls.
Source: fxstreet.com
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Saudi Arabia trims oil prices to Asia as booming US exports add competition
Saudi Arabia lowered prices on its flagship Arab Light crude for the first time since June, facing stiffening competition from non-OPEC nations.
Source: yahoo.com
Lower global oil prices lift rupee
Latest uptick came after Saudi Arabia slashed price of its flagship Arab Light crude for Asian buyers
Source: tribune.com.pk
Oil falls to near 5-month low on OPEC+ cut doubts, demand concerns
Oil prices fell to a near five-month low on Tuesday on a stronger U.S. dollar and demand concerns, putting the market down for a fourth day in a row on doubts over OPEC+ announced voluntary supply cuts last week. "The OPEC+ deal did little to support prices and given the (four) days of declines that followed it, traders are clearly very unimpressed," said Craig Erlam, senior market analyst UK & EMEA, at data and analytics firm OANDA. Brent crude oil futures fell 83 cents, or 1.1%, to settle at $77.20 a barrel, while U.S. West Texas Intermediate crude (WTI) ended 72 cents, or 1...
Source: yahoo.com
Oil falls to near 5-month low on Opec+ cut doubts, demand concerns
NEW YORK: Oil prices fell to a near five-month low on Tuesday (Dec 5) on a stronger US dollar and demand concerns, putting the market down for a fourt...
Source: thesun.my