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Australia April Retail Sales +0.9%

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Chinese Equity Bid Weighs On USD, Supports Yuan

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AOFM Weekly Issuance Slate

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China Should Provide Wider Support: Advisor

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AUD/USD Probing Above 0.7120

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OIL
OIL: A much larger than exp. headline build in the latest DoE inventory release
weighed on crude prices on Wednesday, with the WTI & Brent benchmarks last
dealing a few cents above settlement levels.
- Focus in the space continues to fall on Saudi-U.S. tensions & the impending
Iranian sanctions.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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