Oil falls, BOE hike left open, China surplus tops $1T
US crude fell about 2% to $85, the BOE's Lombardelli did not rule out a December hike, and China's trade surplus reportedly exceeded $1 trillion.
What we know
Market news accounts report US crude down 2% at $85.11. The Guardian reports BOE's Lombardelli did not rule out a December rate hike. China's trade surplus reportedly exceeds $1 trillion, per an unconfirmed market news post, while the WSJ says yuan gains likely lose momentum.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.