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OPEC+ technical meeting unlikely to go ahead on March 18 – Reuters

Regarding the earlier reports suggesting that the OPEC and non-OPEC technical committee was planning to have a meeting on March 18th, three sources with knowledge of the matter told Reuters that it was unlikely to happen.

Crude oil sell-off continues

Crude oil prices came under renewed selling pressure on this headline and the barrel of West Texas Intermediate (WTI) was last seen trading at $30.90, erasing 6.7% on the day and the barrel of Brent was down 7.2% at $33.20.

India: CPI will remain well above the target band – TDS

India is scheduled to release some economic data throughout the day. Economists at TD Securities take a look at the CPI figures, while the USD/INR pai
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Canada: First steps to mitigate coronavirus – RBC Economics

Prime Minister Justin Trudeau announced first steps to help mitigate the impact of the rapidly spreading novel coronavirus (COVID-19). Colin Guldimann
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