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BitCoin/CNY 5906.830 23:30 18.01 AUD/USD 0.75084 23:30 18.01 GBP/JPY 140.598 23:30 18.01 EUR/AUD 1.41570 23:30 18.01 NZD/JPY 81.734 23:30 18.01 AUD/JPY 86.102 23:30 18.01 EUR/JPY 121.895 23:30 18.01 EUR/USD 1.06295 23:30 18.01 USD/JPY 114.678 23:30 18.01 BitCoin/CNY 5916.445 23:00 18.01 AUD/USD 0.75130 23:00 18.01 NZD/USD 0.71306 23:00 18.01 AUD/NZD 1.05354 23:00 18.01 EUR/AUD 1.41535 23:00 18.01 CAD/JPY 86.344 23:00 18.01 NZD/JPY 81.688 23:00 18.01 AUD/JPY 86.075 23:00 18.01 GBP/JPY 140.486 23:00 18.01 EUR/JPY 121.826 23:00 18.01 USD/JPY 114.560 23:00 18.01 EUR/USD 1.06336 23:00 18.01 BitCoin/CNY 5910.085 22:30 18.01 AUD/USD 0.75111 22:30 18.01 EUR/AUD 1.41543 22:30 18.01 NZD/JPY 81.657 22:30 18.01 AUD/JPY 86.036 22:30 18.01 GBP/JPY 140.467 22:30 18.01

Market Review

DAILY MARKET OVERVIEW
Today's Top Market Headlines – Nov 29, 2016
Oil retreats below $47 ahead of OPEC meeting

OPEC members ended their meeting on Monday without agreeing on a planned reduction in oil output deal. It is worth noting however, that individual countries will be presented to an OPEC ministerial gathering on Nov. 30. Crude oil retreated back below $47 as OPEC members failed to bridge their differences and agree on future production cuts. Indicatively, crude oil was last seen trading at $46.56 while Brent oil prices dropped 1 percent to last trade at $48.69 as of 9:50 GMT.

Uber faces court battle over landmark case in Europe

UBER will head to Europe’s top court today, aiming to convince authorities that the company is a digital service and not a transport company. If the company is successful, the ruling will exempt Uber from strict laws like licensing and safety rules across the continent, all of which has had traditional taxi services and labor unions up in arms. The final ruling for the landmark case is expected by March and which could have huge implications for the app-based company!

European shares mostly higher

European markets opened lower today after a dip in oil prices dip but are now pairing losses. Investors will be focusing on talks between OPEC members while the markets are also turbulent as political uncertainty ahead of a key referendum in Italy has spread uncertainty. It is also worth noting that a number of banking and insurer stocks were down my more than 0.5 percent amid concerns that political instability in Italy might affect the banking system. In today’s European markets most indices begun to somewhat recover from yesterday’s losses with Germany’s DAX trading at 10607.50 up by 0.2 percent, France’s CAC 40 adding an impressive 0.8 percent at 4548.30 and the Euro Stoxx 50 advancing 0.7 percent to last trade at 3035.00 as of 9:55 GMT. U.K.’s FTSE 100 headed lower however to last trade at 6768.30 having lost 0.8 percent for the day!