Market News

    Oil prices slip in cautious trade ahead of OPEC+ meet

    SINGAPORE (Reuters) - Crude oil prices fell on Monday, amid investor jitters ahead of a meeting of producer group OPEC+ to decide whether to extend large output cuts to balance global markets, but vaccine hopes helped keep them on track to rise more than a fifth in November.

    Dollar plumbs two-year low as Fed comes in to focus

    SYDNEY (Reuters) - The dollar touched a more than two-year low on Monday and is set to log its largest monthly fall since July as a combination of vaccine optimism and bets on more monetary easing in the United States drove investors out of the world’s reserve currency.