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OPEC compliance rate stands at 82%

As per the Reuters survey, OPEC cut 1 million barrels from its combined daily output, which represents a compliance rate of 82% in January. The group has agreed to cut 1.164 million barrels.

Compliance with the November agreement is watched by analysts/experts. Meanwhile, the market is now concerned about the rising US supplies.

Japan’s Asakawa: Japan's monetary policy is aimed at escaping deflation

Japan’s ministry of finance official, Asakawa, crossed the wires earlier today, via Reuters, commenting on the objective of the BOJ’s monetary policy.
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Japan’s Suga sees stable exchange rates as important

Bloomberg reporting comments from Japan’s chief cabinet secretary Suga, noting that he is aware of reports on Trump’s comments on ‘cheap Yen’. He als
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