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12.11 - possible supply cuts bring oil prices to a rise

12.11 - possible supply cuts bring oil prices to a rise
12.11 - possible supply cuts bring oil prices to a rise

Mixed performance of Asian shares points to the start of a possibly turbulent week. There are both losses and gains in Asia even though American major shares are all in the red zone. Although traders can find their solace in oil that is rising today amidst OPEC possible supply number cuts.

Dollar starts the weeks off with gains against major peers that is not actually well-met by other currencies in the basket. Gold and precious metals are also mixed.

Topix fell 0.2 percent.

Hang Seng was barely changed.

S&P 500 futures rose 0.4 percent.

Shanghai Composite gained 0.6 percent.

Nikkei Stock Average 225 added 0.1 percent.

Dow Jones Industrial Average lost 0.8 percent.

Dollar starts a new week off with 0.2 percent gain against the basket of six major currencies.

Euro lost 0.2 percent - $1.1312 per euro.

Pound lost 0.5 percent - $1.2907.

Apple shares lost 1.93 percent - $204.47.

Facebook is down by 1.97 percent - $144.96.

Amazon declined 2.42 percent - $1712.43.

Tesla lost 0.25 percent - $350.51.

WTI oil added 1.06 percent - $60.83 per barrel.

Brent gained 1.7 percent - $71.31 per barrel.

Gold declined 2.2 percent - $1207.2.

Silver is flat at $14.15 per ounce point.

Platinum is up 1 percent - $852.

Palladium gained 2 percent – 1104.

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