Thursday, September 1, 2016

Commodities fell overnight, dragged by slippery crude after the EIA reported higher than expected stockpiles. Risk





FX Research
by Saktiandi Supaat


Oil Slides





Commodities fell overnight, dragged by slippery crude after the EIA reported higher than expected stockpiles. Risk appetite dried up with US and European equities closing modestly lower. US data was mixed, giving little inspiration to the USD and cues to the Fed. ADP employment for Aug came in a tad firmer than expected at 177K. Chicago purchasing manager index fell to 51.5 from previous 55.8. Expect eyes to remain on the NFP this Fri...



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