Saudi could consider more action to raise oil price – OPEC delegates

As per Bloomberg reports, OPEC delegates said Saudi Arabia could consider more action to raise oil price.

The comments come after Saudi and Qatar agreed on production freeze at January levels. However, the agreement is contingent on other major nations – Iran and Iraq – agreeing to do the same.

Brazil Retail Sales (MoM) dipped from previous 1.5% to -2.7% in December

Brazil Retail Sales (MoM) dipped from previous 1.5% to -2.7% in December
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GBP/USD: offered at confluence of Fibo levels, back to square one

The GBP/USD pair failed to take out 1.4516-1.4519 (23.6% of 1.5930-1.4079 + 38.2% of 1.5230-1.4079) and fell back to 1.4440; levels seen in early Europe.
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