1

Categories

May 9, 2017

FXGiants, Saudi's "Oil Deal" to be extended 6 months? Here are today's Highlights!

Today’s Highlights | 09.05.2017 by FXGiants.

This article is originally referred from FXGiants News.

Saudi Arabia says the November oil deal can be extended beyond 2017. The Saudi oil minister said that the oil deal could be extended for more than 6 months.

There seems to be an unofficial consensus among producers that the deal will be extended for at least 6 months. Thus, bullish signals for oil prices in the next days would be any fresh comments suggesting extensions for a longer time period, or deeper production cuts.

Aussie slides after soft retail sales data. AUD came under renewed selling interest overnight, after the nation’s retail sales data missed their forecasts.

The currency’s outlook remains negative, amid rapidly falling iron ore prices.

Today’s highlights:

Germany: Trade balance data for March (06:00 GMT), but usually not a major market mover.

US: NFIB small business optimism for April (10:00 GMT) and JOLTS job openings for March (14:00 GMT).

Canada: Building permits for March (12:30 GMT) are expected to have risen, a rebound.

Speakers: Minneapolis Fed President Neel Kashkari (13:00 GMT).

Register with FXGiants to receive our newsletters & stay on top of the market news!

Original Source: FXGiants News

All Forex Brokers

  • IFC Markets
  • FxPro
  • IronFX
  • Axiory
  • FBS
  • Land-FX
  • MyFX Markets
  • Titan FX
  • Traders Trust
  • XM
  • LMFX
  • FXDD
  • ForexClub
  • KVB Kunlun
  • Tradeview
  • EightCap
  • FXOpen
  • HotForex
  • FXGiants
  • LQDFX
  • Fortrade
  • CM Trading
  • InstaForex
  • FXPRIMUS
  • ForexMart
  • Valutrades
  • AvaTrade
  • Yadix
  • RFXT
  • easyMarkets
  • JustForex
  • Swiss Markets
  • FXTM
  • HYCM
  • FP Markets
  • SimpleFX
  • IC Markets
  • Evolve Markets
  • Tickmill
  • Markets.com
  • Z.com Trade
  • UFX
  • Anzo Capital
  • LiteForex
  • 4xCube
  • OctaFX
  • Tifia
  • XTB
  • AAAFx
  • NordFX
  • FXGlory
  • Capex
  • ClickTrades
  • TopstepFX
  • HotForex ZA (South Africa)
  • XMTrading

All Crypto-Currency Exchanges

  • CEX.IO
  • HitBTC
  • Paxful
  • BitMEX
  • C-CEX
  • Binance
  • Cryptopia
  • YObit
  • Wisebitcoin
  • Bibox
  • BKEX
  • CoinPark
  • CoinEx
  • IRONX
  • CoinField
  • bybit
  • Bitpanda

This website uses cookies

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service.