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Iran’s OilMin Zanganeh: Iran looking for exemption from any oil output cuts

Ahead of Thursday’s OPEC meeting, the Iranian Oil Minister Bijan Zanganeh told reporters that Iran is looking for an exemption from any oil output cuts, according to Reuters.

Zanganeh noted: “We should be excluded from any decision about the level of production in the future till the lifting of the imposed illegal sanctions.” 

Australia: Retail sales pick up, a sigh of relief - TDS

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USD/CNH bid on risk aversion, peeps above 100-day MA

The offshore Chinese yuan (CNH) is taking a beating amid risk aversion in the equity markets. The USD/CNH pair is currently trading at 6.8867; up 0.4
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