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OPEC, Russia may agree three-month extension of oil supply cut when in June - Reuters

Citing two sources familiar with talks, Reuters recently reported that OPEC and Russia could agree to a three-month extension of the oil supply cut agreement when they meet in June. "Russian energy minister told Saudi counterpart he cannot guarantee extension of oil output cut to the end of 201," Reuters added.

EUR/USD slides to near 3-week lows, approaching 1.1200 mark on softer German CPI

   •  A goodish rebound in the US bond yields helped the USD to regain traction.    •  The Euro was further weighed down by softer German flash CPI fi
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Fed's Clarida: Trouble in other countries could increasingly spill over into US

Federal Reserve's Vice Chair Richard Clarida recently crossed the wires arguing that trouble in other countries could increasingly spill over into the
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