Friday 24 October 2014
 
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China demand

Oil edges above $85 as China demand rises

Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Implied oil demand at the world's larges

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Gold hits two-week high over weak equities

Gold rose for a fourth session on Friday, gaining over 1 percent to hit a two-week high as weaker equities spurred demand for the metal as a safe-haven asset. Gold, headed for its best weekly performance since October, was also su

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Gold heading for third weekly gain

Gold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy. Bullion has gained nearly 10 percent in three weeks – its b

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Sugar surplus to hit 4m tonnes

World sugar surplus is estimated around 4 million tonnes in the crop year to September 2012, above an earlier projection in excess of 3 million tonnes. But strong Asian demand could offset any oversupply, the International Sugar Organizati

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Oil climbs to 25-month high on US, China demand

Oil reached a 25-month high for a fifth consecutive session on Thursday as a surplus in top consumer the United States subsided and strong industrial output in China sent demand to a record. US crude for December rose 40 cents to $88.21 a

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