Iran opposes delaying the oil producer group’s next meeting - Reuters

Reuters cites key content from a letter to the OPEC, with Iran opposing delaying the oil producer group’s next meeting.

The letter also cited Algeria, Kazakhstan telling the OPEC that “early July dates for next meeting are unsuitable”, Reuters reports.

Jun 4, 2019

AUD/USD technical analysis: Set-up favours bullish traders, move beyond 0.70 handle awaited

• The AUD/USD pair built on its recent bounce and climbed to three-month tops on Tuesday, showing little reaction to the RBA’s decision to cut rates

RBA: Very balanced statement – ING

Robert Carnell, chief economist at ING, points out that the Reserve Bank of Australia has cut policy cash rates form 1.5% to 1.25% after more than 3 y