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OPEC Maintains Oil Output Quotas at Meeting in Angola

Posted by Dean Popplewell at 7:15 am UTC, 12/22/2009

Oil prices weakened on the decision. Crude for February delivery fell as much as 40 cents, or 0.5 percent, to $73.32 a barrel in electronic trading on the New York Mercantile Exchange and traded at $73.38 a barrel at 11:15 a.m. London time.

Bloomberg

Filed under: Forex Round Up, USD, EUR, GBP, CHF, JPY, AUD, CAD

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February
8
Today’s Global
Market Events
8:15 am
CAD
Housing Starts
Actual +198k
10:30 am
USD
Crude Oil Inventories
2.9M vs. 4.2M
10:40 am
USD
FOMC Member Williams Speaks
4:45 pm
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Employment Change q/q
0.4% vs. 0.2%
NZD
Unemployment Rate
6.5% vs. 6.6%
6:50 pm
JPY
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-4.6% vs. 14.8%
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M2 Money Stock y/y
3.1% vs. 3.1%
8:30 pm
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CPI y/y
4.0% vs. 4.1%
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PPI y/y
0.8% vs. 1.7%