US dollar and treasury yields strengthened ahead of the nonfarm payrolls report. Bets of Fed funds rate hike in December rose to 63.4%. Wall Street was mixed with DJIA slipping -0.07% whilst S&P 500 adding +0.05%. Energy prices firmed despite USD strength. Traders were thrilled ahead of another informal meeting amongst Saudi, Iran, Iraq and Russia …
See the original post:
Energy Holds onto Gains Despite USD Strength
Leave a Reply
You must be logged in to post a comment.