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Afternoon Briefing 11 July 2023: Oil Rises on OPEC+ Production Cuts
Abstract：Asian stocks rose as Wall Street snapped a three-day losing streak.
Asian Markets
Asian stocks rose as Wall Street snapped a three-day losing streak.
European Markets
European bourses mostly up as UK record wage growth added to inflation worries.
US Pre-Open Markets
The US stock market tends to rise as traders are waiting for the main inflation data.
Commodities
Oil rose on OPEC+ cuts and traders are eyeing economic data.
U.S. Treasury Yield
Treasury yields fell as investors looked to key economic data.
Major Currency Pairs
The dollar slipped as the Fed's hike cycle draws to a close and focus on US inflation.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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