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Russia’s Novak: ‘Our decision on OPEC+ recommendation will be in a matter of days’

Russian Energy Minister Alexander Novak is on the wires now, via Reuters, noting that they will announce their decision on OPEC and its allies’ (OPEC+) proposal to extend or deepen the global oil supply cuts next week.

“Our decision on OPEC+ recommendation will be in a matter of days”, he added.

Both crude benchmarks are seeing a fresh round of selling, as the bears fight back control amid Russia’s uncertain comments. WTI wipes out gains and trade neutral near $51 while Brent also trades modestly flat, battling the 55 handle.

GBP/USD bounces off six-week low, focus on Brexit headlines, US NFP

GBP/USD registers mild gains of 0.10%, currently around 1.2940, while heading into the London open on Friday.
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Netherlands, The Manufacturing Output (MoM): -1.7% (December) vs previous -1.1%

Netherlands, The Manufacturing Output (MoM): -1.7% (December) vs previous -1.1%
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