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OPEC meeting “will be soon” – Oman

FXStreet (Mumbai) - Oman’s foreign minister was on the wires stating the OPEC meeting could be held soon.

Statements of such kind have repeatedly hit the wires since last two weeks, however, each time OPEC delegates and more importantly Saudi Arabia has rejected the possibility.

Meanwhile, Iran is targeting 2.3 million barrels of exports next year. This is significantly higher than what markets were expecting earlier.

EUR/GBP testing lows near 0.7560 on PMI

The EUR bears received fresh impetus from sluggish services sector activity reports from both Germany and the Euro zone, now pushing EUR/GBP further away from 0.76 handle.
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Govt and BOJ will work together to achieve 2% price target – Japan’s PM Abe

Japan’s Prime Minister Shinzo Abe was on the wires earlier today, noting that the Bank of Japan (BOJ) will decide the monetary policy steps.
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