S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
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CAC 40 — French Market Index
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Brent crude oil prices fluctuated around $72 a barrel in thin Friday trading, hovering near levels last seen before the Middle East conflict erupted in late February as commercial shipping through the Strait of Hormuz continued to recover amid progress in US-Iran talks. Specifically, crude exports from Saudi Arabia climbed back to 90% of their pre war baseline, matching a strong supply rebound in the United Arab Emirates. Iraq is likewise showing tentative signs of shipping recovery, while a sizable inventory of Iranian oil continues to accumulate at sea. Also, President Donald Trump said negotiations with Iran were progressing well after mediators from Qatar and Pakistan held separate meetings with US and Iranian officials in Doha on Wednesday.
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