🔥🇺🇸 The latest report on the U.S. economy reveals that Non-Farm Payrolls for February decreased by 92,000, significantly lower than the expected increase of 58,000 and a revision from the previous figures of 130,000 to 126,000. Additionally, the unemployment rate for February stands at 4.4%, slightly above the anticipated 4.3%, maintaining the previous month's rate. For more details, visit mt в max.
🚫🛢 Kuwait is reducing oil production at some fields due to storage facilities reaching capacity. Saudi Arabia and the UAE are also nearing their storage limits. The situation arises from export difficulties, necessitating production cuts. According to a recent report by the Financial Times, Saudi Arabia has approximately two weeks before it must begin reducing oil output as its tanks fill up. For more details, visit WSJ and mt in max.
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🛢 Brent crude oil prices have surpassed $90 per barrel, indicating a significant rise in the global oil market. Investors and analysts are closely monitoring the situation as the implications of this increase could affect various sectors. For further updates, visit mt в max.
⚠️🇺🇸 BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid recent zero valuations on some instruments due to bankruptcies. Despite concerns, executives like Hassett and Bessent assure that all is well, while former President Trump expressed confidence, stating everything is great. For more details, visit BLACKROCK’S $26 BILLION PRIVATE CREDIT FUND LIMITS WITHDRAWALS and mt in max.
🌍 American aluminum buyers are actively seeking alternatives as the ongoing conflict in Iran disrupts the global supply chain. Concerns are rising about the impact on availability and prices, prompting buyers to explore different sources to ensure stability in their operations. For more information, visit BBG and check updates at mt в max.
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⚠️🇺🇸 US stocks are currently in focus. For more insights and updates, visit mt in max.
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🛢 Oil prices continue to rise, with Brent crude surpassing $91 per barrel. This increase reflects ongoing market dynamics and geopolitical factors influencing global oil supply and demand. For more updates, visit mt в max.