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Saudi Crown Prince: Attack on Saudi a 'real test' of global will to act

Saudi Arabian state news agency, SPA, quoted the Kingdom’s Crown Prince Mohammed bin Salman on Wednesday, as saying that the attack on Saudi’s oil infrastructure posed a “real test of the global will” to confront subversive acts that threaten international stability.

He said this during a telephonic conversation with the South Korean President Moon Jae-in. President Moon has urged the global community to “take a firm stand and resolute action” towards such assaults.

Meanwhile, French President Macron said earlier today that France will send experts to investigate attack on Saudi oil facilities.

  • Saudi FinMin: Aramco's announcement on restoring production proves it can swiftly deal with any crisis
  • Saudis to report the evidence of Iran's involvement in the Aramco attacks - (Presser Wed,1430 GMT).

Amid broad market risk-aversion, oil prices are seen stabilizing after Tuesday’s sharp 6% correction, as markets await the Saudi Defence Ministry’s presser.

European Monetary Union Construction Output s.a (MoM) came in at -0.73% below forecasts (0.7%) in July

European Monetary Union Construction Output s.a (MoM) came in at -0.73% below forecasts (0.7%) in July
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Fed looks set to lower the target band by 25bps again – Rabobank

According to analysts at Rabobank, today, the New York Fed will conduct another operation to inject more overnight cash into the market and with the e
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