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  • Saudi Oil Min: Real size of cut is about 1-1.1M b/d

    SAUDI OIL MIN: REAL SIZE OF CUT IS ABOUT 1-1.1M B/D

    — FxMacro (@fxmacro) October 5, 2022
Added at 11:42am
  • SAUDI ENERGY MINISTER SAYS WE DONT KNOW HOW THE RUSSIAN OIL PRICE CAP WILL WORK

    — *seven (@sevenloI) October 5, 2022
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    ISM Services Remain Strong in August But Comments Tell a Different Story

    From mishtalk.com|Oct 5, 2022

    The September 2022 Services ISM® Report On Business® is reasonably strong as expected in this corner but the comments ring true to what's happening. Key Points • “The Supplier ...

    Statement from National Security Advisor Jake Sullivan and NEC Director Brian Deese

    From whitehouse.gov|Oct 5, 2022

    The President is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin’s ...

    USD/JPY: Signs of Fed pivot or mere countertrend dip?

    From cityindex.com|Oct 5, 2022

    This week has kicked off with a violent counter-trend reversal in the big themes from last month, quarter, and the year to date. Major global indices have rallied 5-7% off the ...

    •   Newer Stories
    Things Are Breaking

    From sprott.com|Oct 5, 2022

    Gold fell $50.43 (or -2.95%) to close at $1,660.61 for the month. After several tests over the past few years, gold finally fell below the $1,700 support level as the U.S. dollar ...

    Pound’s Six-Day Rally Screeches to Halt on Resurgence of US Dollar

    From bnnbloomberg.ca|Oct 5, 2022

    The pound sank more than 2% as traders piled back into the dollar on bets that the Federal Reserve will stick to hiking interest rates. Sterling fell as low as $1.1227, snapping ...

    Swiss National Bank "Monitoring" Credit Suisse Situation

    From zerohedge.com|Oct 5, 2022|1 comment

    What do credit traders know that equity traders are ignoring? While equity prices had risen for the last two days, dragged higher by the market's melt-up, Credit Suisse credit ...

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  • Story Stats
  • Posted: Oct 5, 2022 11:42am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 996
  • Linked event:
    All OPEC-JMMC Meetings
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    OPEC+ JMMC agrees oil output cuts of 2 mln bpd - sources
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