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  • Article / Yesterday at 7:00 GMT

    Morning Markets: What's the deal with Iran?

    Consulting Editor / Saxo Bank
    Denmark
    Morning Markets: What's the deal with Iran?
    Oil markets are weighing the possibility of a deal with Iran. Meanwhile, a raft of Manufacturing PMI prints updates investors on growth in some of the world's most important economies while US jobs data will provide another proxy indicator of the Fed's willingness to raise interest rates sooner rather than later.
    Read the article
  • Editor’s Picks / Yesterday at 2:42 GMT

    The Saudis are losing their lock on Asian oil sales

    Bloomberg
    Ships carrying oil from Mexico docked in South Korea this year for the first time in more than two decades as the global fight for market share intensifies. Latin American producers are providing increasing amounts of heavy crude to bargain-hungry Asian refiners in a challenge to Saudi Arabia, the world’s largest exporter and the region’s dominant supplier. The US, enjoying a surge of light oil from shale formations, has raised imports of heavy grades from Canada, displacing crude from nations such as Mexico and Venezuela. That’s boosting South American deliveries to Asia even after Saudi Arabia cut prices for March oil sales to the region, its largest market, to the lowest in at least 14 years.
    Read article on Bloomberg
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  • 1d
    Michael O'Neill Michael O'Neill
    Thanks John Did you see the Liberals announced that they beat their budget target. Instead of not running a 13 bio deficit, it's only...
    1d
    yuiyui yuiyui
    lol excited eurusd traders...so basically not a lot of direction for CAD, eh?...
    1d
    Michael O'Neill Michael O'Neill
    Not a lot of direction, for sure, but a decent trading range.
  • Article / Friday at 13:57 GMT

    WCU: Commodity focus turns to Yemen

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: Commodity focus turns to Yemen
    Yemen was the big story of the week as a Saudi Arabian-led coalition attacked Hauthi rebels, sparking fears of a spike in tensions between Shiite Iran and its Sunni neighbours and triggering sharp gains for oil and precious metals. Elsewhere, industrial metals lagged and the agricultural sector awaited a key report due next week.
    Read the article
    5d
    Ole Hansen Ole Hansen
    With regard to oil markets also remember that the deadline for an agreement between Iran and six major powers is on Tuesday March 31. Look out for...