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FxWirePro: Daily Commodity Tracker - 21st March, 2022

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. durable goods orders sustain robust growth

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

U.S. weekly jobless claims unexpectedly decrease

U.S. Consumer Confidence falls in September

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

U.S. existing home sales rise above expectations in October

U.S. existing home sales decline in August

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Swiss franc likely to gradually depreciate against euro in coming months

United States building permits

Philippine central bank keeps interest rate unchanged at 2 pct

Germany's unemployment exceeds expectations in September

U.S. vehicle sales fall again in November

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Oil prices likely to trade in $50-$60/brl range in next 15 months - Kuwait OilMin

Tuesday, October 18, 2016 3:05 PM UTC

Kuwait oil minister Anas Khalid Al Saleh said that he expects crude oil prices in "logical" and "acceptable" $50-$60/brl range in next 15 months.

Latest crude exports and inventory data from Saudi Arabia showed that both crude output and exports fell in August. Data showed that Saudi crude stocks fell 0.453M bbls to 281.01 mln barrels in August, while crude output was down by 0.043m bpd mom to 10.630m bpd. Saudi crude exports fell by 0.317m bpd mom to 7.305m bpd in August.

Meanwhile, both crude benchmarks trade with size-able gains amid reports of falling exports from Iran as well as from Saudi. US oil was up 0.7 percent on the day at $50.38/brl.

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