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Analysts weigh OPEC price boost against hit from US shale: Reuters Poll

According to the latest Reuters poll, analysts have raised their forecasts for both Brent and WTI crude average prices for 2017, albeit raised concerns that rising US production could offset any major price gains from OPEC'S output deal.

The poll forecast WTI crude oil will average $56.08 a barrel in 2017 and $60.61 in 2018. WTI has averaged about $52.63 so far in 2017.

Meanwhile, Brent crude will average $58.01 a barrel in 2017, slightly higher than the $57.43 forecast in the previous survey. 

Additional details:

   •   Oil markets are starting to tighten
   •   Trump's policies may bring a sharper rise in US output

AUD/USD negative bias persists below 0.7648 – Commerzbank

The negative stance on the Aussie dollar remains intact while below 0.7648, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Ke
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USD/CAD seen around 1.40 in the next months – BTMU

Lee Hardman, Currency Analyst at BTMU, believes the pair could visit the 1.4000 neighbourhood in the next months. Key Quotes “We are assuming that P
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