Iranian diplomat says Iran and major powers have reached a nuclear deal – Bloomberg

FXStreet (Mumbai) - As per Bloomberg reports, Iranian diplomat has confirmed that Iran and major powers have reached a nuclear deal, which shall open doors for more Iranian oil exports in the future.

The details of the deal could be revealed at the press conference scheduled at 09:30 BST. WTI Oil has extended losses to trade around USD 51.25/barrel, while Brent Crude hit a session low of USD 57.32/barrel.

China equities turnover surge in Q2 poses upside risks to GDP forecasts – Nomura

Research Analysts at Nomura believe sharp surge in China equities markets turnover in Q2 poses upside risks to the bank’s Q2 GDP growth forecast of 6.6% y-o-y.
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USD/JPY now looks to 124.00 – OCBC Bank

According to Emmanuel Ng, FX Strategist at OCBC Bank, the pair could be poised for another visit to the 124.00 area...
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