Results, via Twitter:
Expectations I had seen centred on:
- Headline crude +2.5mn barrels
- Gasoline -1.0mn
- Distillate -0.8mn
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Oil - private data shows a large draw in headline crude inventory
- The private survey data ahead of official figures due for release tomorrow morning (US time)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Indian Rupee maintains the bearish bias amid prolonged US-Iran stalemate, hawkish Fed risk
- What are the main events for today?
- German industrial production rebounds in April on higher energy, construction output
- FX option expiries for 9 June 10am New York cut
- BOJ reportedly set to raise short-term policy rate to 1% next week
- A quick US-Iran catchup ahead of European trading today
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