OPEC+ meeting on March 5 obviously failed. What happened?
On Wednesday, the US monthly inflation will be announced at 14:30 MT time.
The Australian NAB Business Confidence indicator will be announced at 02:30 MT time on Tuesday.
Follow the fresh releases for this week with us
During today’s meeting of oil-producing countries, Russia rejected the proposal of OPEC members to cut oil output.
USD/BRL rose to the record high above 4.63 on Thursday, March 5. So far, the Brazilian real has been the worst performing currency this year.
The Bank of Canada cuts its interest rate bigger than it was expected. Should we wait for more CAD weakness?
The United States will publish the non-farm employment change, also known as non-farm employment change or NFP at 15:30 MT time on March 6.
The Federal Reserve cut federal funds rate by 50 basis points to a target range of 1.00% to 1.25%.
OPEC will hold its extraordinary meeting on Thursday. Will that help to push the oil price up?
The BOC rate statement will be published at 17:00 MT time on March 4.
The Reserve bank of Australia will release its rate statement and announce a decision on the interest rate on March 3, at 5:30 MT time.