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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

OIL
OIL: The weekend summit saw OPEC+ discussing the possibility of cutting supply
in 2019, leaving the possibility of a decision re: the matter open for the Dec
2018 OPEC+ summit.
- The weekend also saw the Saudi Energy Minister announcing that the Kingdom
will be curbing exports by ~500K bbl/d in December.
- The major oil metrics have traded higher as a result, with WTI adding $0.80,
and Brent adding $1.00 at writing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com