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Saudi Arabia Signaled It's OK With Oil at $50 a Barrel (News: 04/07/2016)

Today's Press

  • The post-Brexit recovery across European markets stalled on Monday with major share indexes mixed and safe-haven demand for precious metals helping the price of silver surge to a near-two year high.

  • Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.

  • Yields on once-calm Japanese government bonds have become deeply negative and their prices intensely volatile—all this in a market that should be risk-free and dull. Earlier this month, Japanese government bonds with maturities up to almost 20 years went negative. That means almost 87% of Japanese government bond yields are now below zero.

Next Trading Day's Important Events

Forex Quotes:

  • USDJPY: 102.62
  • EURUSD: 1.1132

Indices:

  • S&P 500: 2,100.47
  • NASDAQ : 4,862.57

 


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