Russia cut January oil output by about 74K bpd – Interfax

The Russian news agency, Interfax, reported that Russia cut January oil output by about 74K bpd.

Meanwhile, oil prices stalled its downslide and edge modestly higher, with WTI testing $ 53 mark, while Brent recovers to $ 55.75.

Feb 1, 2017

GBP/USD through 1.2600 post-PMI, daily highs

The British Pound has extended the upside above the 1.2600 handle vs. the greenback in the wake of January’s PMI print, with GBP/USD now testing fresh

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Feb 1, 2017

Oil inter-market: Eyes $ 53.50, out of sync with DXY before Fed?

The black gold is gradually getting out of sync with the inverse relationship it shares with the US dollar versus a basket of major currencies, which

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