OPEC’s Barkindo: ‘Iran’s participation in the implementation of the Accord is crucial and I remain optimistic’

OPEC published the press release from Saturday's Tehran meeting held between OPEC Sec Gen Barkindo and Iranian OilMin Zanganeh, noting that Zanganeh       continued to show commitment to reach an Algiers output cut agreement during the upcoming OPEC Ministerial Meeting to be held in Vienna on 30 November 2016.

While OPEC’s Secretary General Barkindo noted, “The participation of Iran in the implementation of the Accord is crucial and I remain optimistic.”

CNY remains under pressure – Danske Bank

Allan von Mehren, Chief Analyst at Danske Bank, gives his view on the prospects for the Chinese currency. Key Quotes “We expect the CNY to weaken gr
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Gold reverses Friday’s slide to multi-month lows

After dropping to a fresh 5-1/2 month low in the previous session, Gold steadied to stage a recovery on Monday amid broad based greenback retracement.
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