Market News | Merit Forex

Economy outperforming expectations, policies working Trump basically likes what he sees in China trade talks China talks moving nicely, Trump will make final deal US C...

Russia's quota remains unchanged pledged oil output cut remains at 228K B/D (unchanged) OPEC countries decided not to include condensates in their quotas OPEC+ agree t...

The US created 260K new jobs in November, marking the biggest gain. The unemployment rate slipped to 3.5% from 3.6% and matched a 50-year low. The average wage paid to American workers rose 7 cents, o...

Actual: 3.5% Forecast: 3.6% Previous: 3.6%

Actual: 266K Forecast: 186K Previous: 156K

US Nonfarm Payrolls is expected to see 186K jobs created after rising 128K the previous month. The Unemployment Rate is expected to stay at 3.6%. Average hourly earnings will also be significant and a...

OPEC+ said to reach agreement to reduce output target by 500k bpd Next OPEC meeting is said to be on March 5th with OPEC+ on March 6th, according to sources

OPEC is trying to show analysts that we're doing our job World economy will continue to be well supplied But further commitment will allow us all to benefit

The joint press conference is being reported that will happen around 1300 GMT.

The Chinese state media is reporting, citing the foreign ministry China has notified US embassy about the countermeasures Urges US to remove sanction on Ch...

Keep your eye on the US Non-Farm Payrolls today! The US Jobs Report will be released at 13:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the...

RUSSIAN ENERGY MINISTER NOVAK, AFTER OPEC+ MEETING, SAYS DECISION WAS MADE TO FULLY COMPLY WITH OIL CUT DEAL UNTIL APRIL 1, 2020

Actual: 60.0 Forecast: 53.8 Previous: 48.2

OPEC+ JMMC is said to recommend 500kbpd reduction in output quota

BOC Lane: Global economic uncertainty likely to persist even if US and China reach a trade deal Global uncertainty is likely to have a lasting effect: ques...

Iranian oil minister says OPEC deal extension alongside deeper cuts would be the better outcome

In the Eurozone, the gross domestic product data will be released in 15 minutes. The consensus forecast is the eurozone GDP grew 0.2% in the third quarter. This would lead to an annual realization...

OPEC+ members will be meeting in Vienna over the next two days Here is the scheduled agenda: 1000 GMT - JMMC meeting (closed session) 1400 GMT - Conferen...

OPEC+ are said to discuss deeper oil cuts of greater than 400kbpd as the main scenario

If there is a deal, tariffs should be rolled back accordingly Both sides are maintaining close communication Says no other details to release on trade talks

1.Eurozone GDP Number In the Eurozone, the gross domestic product data will be released today. The consensus forecast is the eurozone GDP grew 0.2% in the second quarter....

Actual: -4.856M Forecast: -1.734M Previous: 1.572M

USDCAD pair dropped sharply after the Bank of Canada left interest rates unchanged but adding hawkish commentary. While the BOC expressed concerns related to trade conflict, it is praisin...

Bank of Canada keeps rates unchanged at 1.75%