Abe's coalition partner said to agree to sale tax hike delay - Nikkei

Reuters reporting a story from the Nikkei, stating that Japanese PM Abe’s coalition partner said that they have agreed to a delay in sales tax hike by two and a half years. Also, it was reported that Abe will pass on the proposed snap election.

Earlier in the Asian morning, headlines crossed the wires citing that Abe is considering delaying sales tax hike plans by two and a half years.

OPEC: Little chance of an agreement to freeze output - BBH

Research Team at BBH, suggests that the OPEC meets on June 2 and investors and observers recognize that there is little chance of an agreement to free
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Oil market in consolidation phase – Commerzbank

Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that the recovery rally on the oil market appears to be over: at around $48 per barrel, Brent
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