Kuwait’s OilMin: OPEC to seek more output cuts from non-OPEC producers

Kuwait oil minister was out on the wires last minutes, via Bloomberg, noting the following:

OPEC to seek more output cuts from non-OPEC producers

OPEC compliance with pledged cuts is 92%

Non-OPEC compliance with output-cuts deal is over 50%

Fed Yellen’s testimony: What to expect? - TDS

Analysts at TDS provide a sneak peek into markets’ expectations on the upcoming Fed Chair Yellen’s semi-annual testimony on the monetary policy before
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USD/CAD softer, back below 1.3100

The Canadian Dollar is now picking up some pace vs. its American counterpart, sending USD/CAD back to sub-1.3100 levels. USD/CAD upside capped near 1
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