Arab nations cut off ties with Qatar. Saudi Arabia closed its land border to the nation and along with other nations, blocking its access to ports for its ties to Iran and Islamist groups. Crude gains arising from the geopolitical tensions were soon eroded as investors were more focused on the weekly US government data on crude stockpiles and production. Bren

GBL: Breaking Up Global Markets Daily by Saktiandi Supaat FX Research Arab nations cut off ties with Qatar. Saudi Arabia closed its land border to the nation and along with other nations, blocking its access to ports for its ties to Iran and Islamist groups. Crude gains arising from the geopolitical tensions were soon eroded as investors were more focused on the weekly US government data on crude stockpiles and production. Brent and WTI were last seen at U$49.60 and U$47.50 respectively. The DXY index was little changed overnight... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Fiona Lim    (65) 6320 1374    fionalim@maybank.com.sg