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Saturday, December 1, 2018

Oil tumbles on supply glut; Wall Street up on G20 comments

Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while world equity markets were mixed ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.


from Reuters: Business News https://ift.tt/2zxMNHg

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf