Various media outlets spread the information about an agreement among OPEC+ to cut output target by additional 500kbd. This was sought by the Saudis in a hope to secure higher price in Aramco sale. First such rumours emerged on Wednesday and the news of the decision doesn’t result in a major reaction. Actually, OIL.WTI looks quite fragile technically below the $58.60 resistance. Traders should bear in mind that we still await the key US NFP report later today (1:30pm GMT).
U.S. indices remain cautiously optimistic today amid the unpredictable stance of Donald Trump and the White House. Today's macroeconomic data...
18:32Platinum prices surge today amid weakening US dollar index (USDIDX), positive sentiments across precious metals and overall risk-appetite across the traders...
17:41Former President Donald Trump once again criticized Federal Reserve Chair Jerome Powell, calling him “too late” and a “knucklehead,”...
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