Hopes for the OPEC production cut at the meeting that will take place tomorrow push oil prices up on Wednesday. OIL.WTI gains 2.2% and OIL (Brent) rises by 2% as traders expect a production cut of at least 1 million barrels per day. There are also signals from the US that a further price drop could hurt the shale industry.
Summary: GBP choppy as UK PM May sets 7th June leave date US stocks look to recover into the weekend More soft data from the US DE30:...
2:17 PMSummary: US benchmarks trading higher ahead of the open Trump trade comments support the recovery Durable goods orders disappoint After...
10:23 AMSummary: UK PM May announces resignation Mixed reaction seen in the pound Oil on track for large weekly loss Theresa...
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