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Saudi OilMin Al-Falih: Will extend OPEC deal if necessary

Bloomberg reports latest comments from the Saudi Arabian oil minister Al-Falih, responding to a media question about the OPEC deal extension.

Key Headlines:

Not necessary to extend OPEC deal

Will extend supply deal if necessary

We don't want to create shortage of a squeeze in the market, when asked about the deal extension

GBP/USD looks to extend the bounce above 1.2000

Despite the recovery from lows near 1.1980 in the Asian trading hours, GBP/USD remains weak and struggling to keep the trade above the 1.2000 handle.
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GBP/USD expects further downside below 1.2085/38 – Commerzbank

According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, Cable could face extra declines on a close below the 1.2085/38 area. Key Qu
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