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OPEC hasn’t reached new oil supply agreement, says delegate

The Organization of the Petroleum Exporting Countries (OPEC) has not reached a new oil supply agreement, according to a delegate.

An OPEC meeting is taking place in Vienna and headlines suggest they have not reached an agreement on output quotas, Bloomberg reports citing a delegate.

The OPEC has agreed to appoint Nigerian candidate for secretary general.

EUR/USD wobbles around 1.12 on Draghi

The European currency has quickly bounce off lows in the 1.1170/60 band vs. the dollar, with EUR/USD now returning to the 1.1200 neighbourhood. EUR/U
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Singapore Purchasing Managers Index remains at 49.8 in May

Singapore Purchasing Managers Index remains at 49.8 in May
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