OPEC Chief: We see balanced oil market in Q4

OPEC Secretary-General Mohammad Barkindo was out on the wires in the last hour, saying that he is confident of continued OPEC + cooperation.

Key quotes:

   •  We see a balanced oil market in Q4.
   •  OPEC in touch with Nigeria, Libya on oil output.
   •  Oil demand growth to be below 1.5-1.6 million bpd in 2019.

EUR/JPY Technical Analysis: The cross dropped to multi-day lows. Targets the 126.65/60 band

EUR/JPY daily chart                           EUR/JPY Overview:     Last Price: 128.33     Daily change: -69 pips     Daily change: 
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EUR/USD hangs near YTD lows, just above mid-1.1200s

   •  Italian budgetary concerns weigh heavily on the shared currency.     •  The ongoing USD upsurge further aggravates the selling pressure.    •  F
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