MNI BRIEF: Frugals Block EU Feb Summit Call For Joint Funding

MNI BRIEF: BOC Rate-Cut Talk Is Premature, Macklem Says

BOC SAYS GOVT TO AMEND LAW TO ACCOUNT FOR QE LOSSES

MNI: US DEC NEW HOME SALES +2.3% TO 0.616M SAAR

MNI: US Q4 GDP +2.9%

MNI:US DEC DURABLE NEW ORDERS +5.6%; EX-TRANSPORTATION -0.1%

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
US DATA

New Home Sales Continue Broad Stabilisation

UKRAINE

UK Seeks To Deliver Tanks By Late March In Line w/Germany

STIR

SOFR Put Volumes Pick Up

CROSS ASSET

MONTH END (updated)

ELECTRICITY

France Belleville Reactor Output Drops 1GW Amid Strike

CORN TECHS

(H3) Remains Below Its Recent Highs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

OPEC+ Awaits Outcome of EU Ban & Oil Cap

OIL
BulletEnergy BulletsHomepageCommodities

The OPEC+ decision to hold the December 4 meeting virtually signals little likelihood of policy change according to a Reuters source with knowledge of the matter.

  • "OPEC+ would rather sit on the bench at this time and assess the outcome of what happens on Monday," the source added, referring to the upcoming EU oil ban and the Russian oil price cap that is expected to be in place by December 5.
  • In October, OPEC+ agreed to cut output by 2 million bpd equal to 2% of global supply, effective until Dec. 2023.
92 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The OPEC+ decision to hold the December 4 meeting virtually signals little likelihood of policy change according to a Reuters source with knowledge of the matter.

  • "OPEC+ would rather sit on the bench at this time and assess the outcome of what happens on Monday," the source added, referring to the upcoming EU oil ban and the Russian oil price cap that is expected to be in place by December 5.
  • In October, OPEC+ agreed to cut output by 2 million bpd equal to 2% of global supply, effective until Dec. 2023.