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OPEC oil cuts extension by 9 months would be ‘price positive’ - JPMorgan

Livesquawk reporting headlines from J P Morgan, with the investment bank stating that the OPEC oil cuts extension by 9 months would be ‘price positive’.

FOMC Minutes: June is done deal, done for the year? - Rabobank

Philip Marey, Senior US Strategist at Rabobank, explains that the minutes of the FOMC meeting on May 2-3 confirmed that the Committee is aiming for a
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USD/JPY inching higher, rises to session high near 111.70

The USD/JPY pair gained some traction during Asian session on Thursday and eroded majority of overnight sharp retracement losses from one-week highs.
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