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OPEC’s Barkindo: Iraq is committed to reaching 100% compliance

OPEC Secretary-General Mohammad Barkindo spoke to Bloomberg TV recently, providing key headlines (via LiveSquawk) found below:

  • Iraq is committed to reaching 100% compliance
  • Oil price equilibrium is in sight
  • WTI backwardation expected to strengthen
  • OPEC is in discussions with providers of export data; data could supplement output data

USD/CAD retraces losses above mid-1.24s on upbeat ADP employment data

After easing to a fresh session low at 1.2450, the USD/CAD pair staged a modest recovery in the early NA session amid a higher-than-expected private e
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UK: CBI's response to UK PM May's speech

The Confederation of British Industry published a response to the Prime Minister's Conservative Party Conference speech, with key quotes found below:
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