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Russia’s Novak - Global oil output was cut by 1.4 mbpd

Russian Energy Minister Alexander Novak informed markets that global oil output was cut by 1.4 million barrels per day.

Novak also said last month that Russia had reduced its oil production by some 100,000 barrels a day. "We are also noticing a significant decrease in speculative pressure to the prices," Novak told Putin.

AUD/NZD: Bullish move stalls near 50-DMA

The record Australian trade surplus pushed the AUD/NZD higher for the second day, although the bullish momentum stalled near the 50-DMA level of 1.046
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Gold extends post-FOMC gains, eyes $ 1220

Gold halted is seen adding onto yesterday’s solid rebound so far this session, with the sentiment boosted by a non-event FOMC decision. Gold: Focus s
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