Sunday, September 4, 2016

Crude Oil Snaps Losing Streak as Russia Backs Output Freeze

Crude Oil Snaps Losing Streak as Russia Backs Output Freeze

Crude Oil Snaps Losing Streak as Russia Backs Output Freeze

Posted: 04 Sep 2016 07:00 PM PDT

Crude oil prices snapped a five-day losing streak after Russian President Vladimir Putin said he supports an output freeze deal coordinated with OPEC producers.

US Dollar Fate Next Two Weeks Tied to Fed Hike Odds

Posted: 04 Sep 2016 02:30 PM PDT

Despite a middling August US payrolls report, Fed rate hike odds for September and December barely moved. No surprise then that the US Dollar remains resilient.
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