Oil opened lower Sunday evening in futures trading and continued to lose ground.
The cities were:
Peace talks between Israel and Hamas in Cairo have raised fears of a wider conflict in the Middle East:
- Reuters reported that a Hamas delegation would travel to Cairo on Monday for peace talks.
Israel’s foreign minister said Saturday that a planned incursion into Rafah could be postponed if there is an agreement involving the release of Israeli hostages.
A more hawkish tone from the Federal Open Market Committee (FOMC) this week:
- It’s a huge week ahead – the FOMC is the highlight but there are plenty more
This article was written by Eamonn Sheridan at www.forexlive.com.
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