10 things you need to know before the opening bell

  • Date: 18-Sep-2020
  • Source: Business Insider
  • Sector:Economy
  • Country:Saudi Arabia
  • Who else needs to know?

10 things you need to know before the opening bell

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Here's what you need to know before markets open.

1.  OPEC+ urges 'full conformity' with production cuts, and Saudi Arabia's energy minister warns market gamblers will be hurt 'like hell'. OPEC+ emphasized on sustaining "full conformity" with oil production cuts at its Thursday meeting, which was held to review compliance targets.

2. CaixaBank and Bankia merge paving the way for Spain to create biggest domestic bank worth more than $786 billion. CaixaBank and Spanish-state owned Bankia said on Friday they had got the greenlight from their boards to merge, creating the country's largest domestic bank.

3.  Goldman Sachs says oil prices are set to move 'meaningfully higher' into next year. Here are 7 reasons why