OPEC
Oil rising higher. Now at 37.27. Probably not as bad as the market was fearing. High compliance is good, especially with compliance normally an issue. 

Early optimism fades a little
The early vaccine optimism is fading a little as European equity markets drift towards flat for the day. US futures markets have also taken a dip lower in the last 30 mins of trading joining the lower bond yields and weakness in oil ahead of the OPEC oil market report at

Via Bloomberg
Great point on the Bloomberg’s Market’s live blog. 
The ECB’s verbal interventions against euro strength is a pain for the SNB. The SNB want the euro higher against the CHF to help their export economy. The ECB want the euro lower to support theirs. 

You’ll recall last week that clinical trials of the  COVID-19 vaccine candidate from Oxford / AstraZeneca were paused:
News now that AstraZeneca said it received notification from the UK’s Medicines Health Regulatory Authority that it was safe to resume clinical trials. 

Japan’s chief cabinet secretary Suga is the favourite to become the next Prime Minister.
Suga is perceived as a ’steady hand‘ candidate, he’s been chief cabinet secretary all through current PM Abe’s reign. 

The central bank rundown 
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.

Closing changes for the main equity markets
European markets:

Forex news for North American trading on September 11, 2020:
Markets:
– S&P 500 up 2 points to 3340
– US 10-yaer yields down 1 bps to 0.67%
– Gold down $4 to $1941
The CPI report was largely driven by a jump in used car prices but the effect on markets was small. Counter-intuitively, Treasury yields declined on the

AUD/JPY didn’t make a significant move and USD/MXN keeps breaking down
It was a whirlwind week but if you take a step back, there were really three themes: Tech stock weakness, a drop in sterling and oil softness.

Forex news from the European trading session – 11 September 2020
Headlines:
Markets:
– AUD and NZD lead, JPY lags on the day
– European equities mixed; E-minis up 0.8%