Wednesday 29 June 2016
 
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Dollar

Oil rallies as fears over Brexit abate

Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week. August Brent crude futures were up 90 ce

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Gold tops $1,300 after Fed rate view

Gold climbed above $1,300 after the Federal Reserve scaled back the outlook for interest-rate increases and Chair Janet Yellen signalled rates may stay lower for longer. Assets in silver-backed exchange-traded funds jumped to a record.

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Gold tops $1,300 after Fed rate view

Gold climbed above $1,300 after the Federal Reserve scaled back the outlook for interest-rate increases and Chair Janet Yellen signalled rates may stay lower for longer. Assets in silver-backed exchange-traded funds jumped to a record.

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Gulf states must cut deficits to keep pegs: IMF

Gulf oil exporters must cut spending and narrow their budget shortfalls to keep their currencies pegged to the dollar, the International Monetary Fund said. While substantial foreign assets have allowed the six members of the GCC

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Oil off 7-month high, but momentum strong

Brent crude prices inched lower on Tuesday after hitting a seven-month high a day earlier, but market momentum appeared strong on a weak dollar, French refinery restarts, Nigerian oil infrastructure attacks and falling US crude inventories.

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Gold drops to 7-week low on Fed rate hike prospects

Gold fell to a seven-week low on Wednesday after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate hikes in the near term. The metal has fallen more

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Saudi sends request for proposals for dollar bond

The Kingdom of Saudi Arabia has sent banks a request for proposals for a potential US dollar bond, according to several sources. The sovereign is expected to issue in the international capital markets sometime this year to fund a

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Oil drops on surging dollar, Iran exports

Oil prices fell on Thursday, pulled down by rising US crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Brent crude futures LCOc1 were down 87 cents, or 1.8 per cent from their last settlement,

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Oil prices dip on brimming crude stocks

Oil prices fell early on Tuesday as Canadian wildfires that have knocked out over 1 million barrels worth of daily crude capacity moved away from production facilities, while brimming inventories and a strong US dollar weighed on markets.

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Oil prices dip on brimming crude stocks

Oil prices fell early on Tuesday as Canadian wildfires that have knocked out over 1 million barrels worth of daily crude capacity moved away from production facilities, while brimming inventories and a strong US dollar weighed on markets.

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