OPEC meeting delayed Monday's OPEC+ meeting has been pushed back to April 9 on signs of a failure to reach a deal. Russia and Saudi Arabia have restarted a war of words and Trump said the "free market" would sort out the oil glut.
Prince Abdulaziz bin Salman, King Salman's son, is the Saudi energy minister Reuters reports on comments from the minister rejecting claims made by Russia that Saudi Arabia withdrew from a deal to cut output last month:
Forex news for NY trading on aApril 3, 2020 The US employment report for March was released today and despite expectations that the survey occurred before the start of the coronavirus layoffs, a hefty -701K decline (estimate -100 K) was recorded. The unemployment rate rose to 4.4% from 3.5% (above the 3.8% estimate). The average workweek fell to 34.2 from 34.4 last month.
ICE is yet another exchange that has benefitted from the returning volatility so far this year.
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