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Saudi Arabia, OPEC and non-OPEC producers to continue cooperation until end of 2018 - Reuters

Citing sources close to Saudi Arabia's decision makers, Reuters reported that Saudi Arabia, other OPEC states, and non-OPEC allies look to stick to a global pact on cutting oil supplies until the end of the year but would be ready to make gradual adjustments to offset any supply shortages if needed.

Any adjustment in oil output by OPEC, non-OPEC will be gradual, but no decision taken yet on volume or timing - Gulf source.

Oil market moving towards balance but OPEC, non-OPEC allies "Not ready yet to fully lift controls" - Gulf source

Dallas Fed: Texas service sector activity expands at an accelerated pace

"Texas service sector activity accelerated sharply in May, according to business executives responding to the Texas Service Sector Outlook Survey," th
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GBP/USD Technical Analysis: Pound faces 1.3300 handle resistance after 100-pip correction to the upside

GBP/USD 15-minute chart Spot rate:                1.3275 Relative change:    0.22%      High:                        1.3308 Low:             
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