Saudi oilmin spokesman: Demonstrating commitment to rebalancing oil mkt by restraining exports

A spokesman for the Saudi oil ministry said that they were demonstrating their commitment to rebalancing the oil market by restraining their exports as well as production, as reported by Reuters.

EUR/USD outlook stays constructive – TDS

Strategists at TD Securities noted the pair’s outlook now looks constructive on the longer term, specially after 1.1716 was cleared. Key Quotes “The
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ECB likely to move cautiously - HSBC

Analysts at HSBC suggest that with Eurozone inflation set to soften and the periphery economies still fragile, the ECB is likely to move cautiously.
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