Oil Output Pact Still a Work In Progress

Chris Weston, Chief Market Strategist, at Melbourne-based IG, talks about the Saudi/Russia output freeze pact and its impact on oil prices. He also discusses comments from China's PBOC on Yuan underpinning in terms of the positive impact on industrial metal prices, energy and mining groups. He ends with a view on the Fed rate hike timetable against the background of weak Japan GDP and China trade.