UAE: Fully committed to OPEC+ deal

Fresh headlines are crossing the wires from the UAE official, via Reuters, citing that it is fully committed to OPEC and its allies (OPEC+) agreement.

The UAE said that it has no "prior stance" ahead of the upcoming OPEC+ meeting.

The OPEC+ is due to meet next week to discuss output policy.

Gold Futures: Scope for a near-term rebound

Open interest in gold futures markets extended the downtrend for yet another session on Wednesday, this time by around 3.8K contracts according to pre
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EUR/USD could drop to 1.1160 near term – UOB

In opinion of FX Strategists at UOB Group, the recent price action in EUR/USD opens the door to further decline to 1.1160 in the next weeks. Key Quote
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