‘Willing to have an open discussion’ – Iran’s Oil Minister

FXStreet (Mumbai) - In response to Saudi Arabia’s conditional talks on slashing output, Iran’s oil minister positively responded, saying that, “we need to talk to non-opec producers,” and “ (we are) willing to have an open discussion.”

Turkey Producer Price Index (YoY): 5.25% (November) vs previous 5.74%

Turkey Producer Price Index (YoY): 5.25% (November) vs previous 5.74%
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UK services PMI: What to expect of GBP/USD?

Sterling bulls are probably at their weakest since pre-UK election time, due to even a technical correction in the GBP/USD was hard to come in the Asian session. A minor recovery to 1.4950 quickly ran out steam and the pair fell back to near 1.4930 levels ahead of the UK services PMI report.
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