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EQUITIES: US equity market futures hit the best levels of the session as stocks
rally in response to better oil prices. Markets paying attention to Bloomberg
headlines stating that Saudi Aramco have cut the discounts on their official
selling prices for their light crude headed to Asia. The discount has been cut
from $7.90/bbl to $6.50/bbl, helping lift both WTI and Brent in recent trade.
- The upside in equities is also evident in European energy names, helping lift
FTSE futures in particular.
- The e-mini S&P intraday high now sits at 2878.25, just below the weeks' highs
of 2889.75, which becomes the first upside target.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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