Stay updated on key economic indicators today: non-farm payrolls, consumer sentiment, and Baker Hughes rig count.
And perhaps more importantly, plateauing US oil production reduces the likelihood of any OPEC+ disunity and allows the cartel to bring spare capacity back online in a manner that is much more ...
Against the euro, the pound and the Swiss franc, the yen slid to 163.12, 194.78 and 173.61 from Thursday's closing quotes of 162.85, 194.58 and 173.30, respectively. If the yen extends its downtrend, ...
The U.S. jobs report, including nonfarm payrolls and the unemployment rate, will take center stage, alongside the University of Michigan’s consumer sentiment data and inflation expectations.
Wednesday January 08, 2025 - 'The current oil price is totally at the mercy of OPEC+', SEB Chief Commodities Analyst Bjarne Schieldrop said.