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Commodities outperformed most sectors on Monday - UOB

Analysts at UOB Group noted that commodities outperformed most sectors on Monday, with oil and metal prices both posting sharp gains by Europe’s close. 

Key Quotes:

"Oil prices surged to the highest levels in more than two years after the Saudi crown prince purged a number of princes and ministers. 

The international benchmark Brent crude topped $64/bbl, whilst US crude broke above $57/bbl. Gold rose more than 1 percent on Monday, extending gains as geopolitical risks drove investors to safe-haven assets after the metal’s third-straight weekly decline. The weaker US dollar also boosted gold prices."

USD/JPY: stronger on broad based dollar strength - Scotiabank

Analysts at Scotiabank noted that JPY is down vs. the USD and weakening in tandem with most of the G10 currencies in an environment of broad-based USD
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BoE to hike at least twice in 2018, next as soon as Feb? - Scotiabank

Analysts at Scotiabank explained that GDP growth was less bad during Q3, but still not that good.  Key Quotes: "At 0.4% q/q the economy expanded bro
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