Oil prices declined

Market news

4 September 2015

Oil prices declined

West Texas Intermediate futures for October delivery fell to $46.08 (-1.43%), while Brent crude declined to $49.95 (-1.44%) ahead of U.S. employment data, which could set a direction for oil prices depending on its impact on the greenback. The report is due today 12:30 GMT.

Saudi King Salman will meet with U.S. President Barack Obama in Washington on Friday to discuss Iran nuclear deal and conflicts in the Middle East. This will be the first visit of the king to the United States since ascending to the throne in January.

Switzerland: Consumer Price Index (MoM) , August -0.2% (forecast -0.2%)

Gold steady ahead of U.S. jobs data

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