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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessWTI, Brent Off Lows Despite Firming Greenback
- The oil market traded lower Tuesday, with both WTI and Brent crude futures settling in negative territory. Futures have risen off yesterday's lows ahead of the NYMEX open, but remain comfortably below the week's best levels.
- The bounce in oil comes despite souring equity markets across Europe as well as the still-firming greenback. Production issues came back onto focus, with markets clearly remaining cognizant of the Ida-impacted supply out of the Gulf of Mexico, which continues to interrupt as much as 80% of output.
- Gold is holding the bulk of the Tuesday losses and continues to circle yesterday's lows of $1792.45. A break south of here opens Aug 13 lows of $1751.70.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.