Oil prices declined nearly 3 percent on Tuesday as Iran and Saudi Arabian delegates hinted that no compromise would be reached at this week’s OPEC meeting in Algiers. After failed negotiations in Qatar in April 2016, these talks, set to conclude today, are the second attempt to find a solution that will stem output and help raise prices back to their former 2014 glory days. In addition to announcements from OPEC expected later today, there will also oil inventory data and durable goods data in the United States which may send ripples through the markets.

In the currency markets, the dollar gained 0.2 percent on the yen to 100.585, down from its short-lived highs after Monday’s U.S. presidential debate. The euro held steady at $1.1207, though European banking worries may weigh on traders during today’s European trading session. The Mexican peso which gained significantly following the debate managed to hold onto its gains.

A Shift from the Debates

Following market movement and endless speculation after the U.S. presidential debates, both candidates have focused their energy into matters of personal interest, rather than those of public policy, which may further erase the gains that resulted from Clinton’s supposed victory. On Tuesday Clinton threw barbs at her opponent by commenting on his insult of a beauty pageant candidate, while he replied in an interview with Fox & Friends on Fox News that he “may hit her harder in certain ways,” thus setting the stage for him to focus on her husband’s infidelities in the near future. Nielsen data showed that 84 million people watched the debate on U.S. television, topping the 80.6 million viewers for the Jimmy Carter-Ronald Reagan TV presidential debate in 1980, and early reports showed that Clinton scooped her opponent in the first round.