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  • Fitch Revises United States' Outlook to Negative; Affirms at AAA

    From fitchratings.com

    Fitch Ratings has affirmed United States' Long-Term Foreign-Currency (LTFC) and Local-Currency (LC) Issuer Default Ratings (IDRs) at 'AAA' and revised the Outlooks to Negative from Stable. KEY RATING DRIVERS The U.S. sovereign rating is supported by structural strengths that include the size of the economy, high per capita income and a dynamic business environment. The U.S. benefits from issuing the U.S. dollar, the world's preeminent reserve currency, and from the associated extraordinary financing flexibility, which has been highlighted once again by developments since March 2020. Fitch considers U.S. debt ... (full story)

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  • Aug 2, 2020 7:50am Aug 2, 2020 7:50am
  •  Prokenndy
  • | Joined Jul 2020 | Status: Member | 5 Comments
USD will certainly be long bear this trading week
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    Crude Oil Rises, Records Small Loss in July As Uncertainty Weighs on Energy

    From fxdailyreport.com|Jul 31, 2020

    Crude oil futures rose modestly to close out the trading week, but the tepid gain was not enough to stop prices from suffering a small monthly loss. As global crude supplies and ...

    Petrobras weighs up crude exports, fuel production

    From argusmedia.com|Jul 31, 2020

    Brazil's state-controlled Petrobras sees sustained growth in Chinese appetite for its low-sulfur pre-salt crude, but it is also shifting some production back to domestic refining ...

    U.S. oil & gas rig count holds steady at record low -Baker Hughes

    From reuters.com|Jul 31, 2020

    U.S. energy firms kept the number of oil and natural gas rigs unchanged at a record low as the rig count fell for a fifth straight month, although July marked the smallest monthly ...

    •   Newer Stories
    Chevron posts $8.3 billion loss on writedowns, job cuts

    From reuters.com|Jul 31, 2020

    Chevron Corp (CVX.N) on Friday reported an $8.3 billion quarterly loss, its largest in at least three decades, and joined rival oil producers in writing down billions of dollars ...

    Charts: The Economic Impact of COVID-19 in the U.S. So Far

    From visualcapitalist.com|Jul 31, 2020

    charts In the second quarter of 2020, the U.S. recorded its steepest drop in economic output on record. As COVID-19 continues to spread around the country leaving economic ...

    Stars Align for Natural Gas Forwards, but Cooler August Forecasts Pose Downside Risk

    From naturalgasintel.com|Jul 31, 2020

    As heat indexes surged above 100 degrees across the United States to close out July, natural gas forward prices rallied during the July 23-29 period, according to NGI’s Forward ...

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  • Story Stats
  • Posted: Jul 31, 2020 4:27pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 1  /  Views: 4,937
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