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Oil extends rise after surprise US crude stock drawOil prices extended gains from the previous session in Asian trading on Thursday after a surprise third consecutive weekly US crude inventory draw tightened the market. US West Texas Intermediate (WTI) crude oil futures CLc1 were More… |
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Oil extends rise after surprise US crude stock drawOil prices extended gains from the previous session in Asian trading on Thursday after a surprise third consecutive weekly US crude inventory draw tightened the market. US West Texas Intermediate (WTI) crude oil futures CLc1 were More… |
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Oil steadies after losses, but glut fears persistBrent crude was steady in Asian trade on Tuesday, as investors took a breather after losses fueled by concerns about a global glut and mild winter demand that sent prices close to 11-year lows during the previous session. Brent LC More… |
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Oil steadies after losses, but glut fears persistBrent crude was steady in Asian trade on Tuesday, as investors took a breather after losses fueled by concerns about a global glut and mild winter demand that sent prices close to 11-year lows during the previous session. Brent LC More… |
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Asia stocks plunge as oil rout deepensAsian stocks fell on Monday and China's yuan hit fresh 4-1/2 year lows as plunging oil prices added to investors' nervousness about riskier assets ahead of an expected US rate rise by the Federal Reserve later in the week. More… |
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Spotlight on gold, silver as Fed hits pause buttonGold and especially silver received a boost from the Fed's decision to hold US rates unchanged, at least for another month, said an industry expert. Global markets went quiet ahead of the long awaited Federal Open Market Commi More… |
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Asian stocks at 3-week highs before Fed decisionAsian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting US Federal Reserve policy decision. The US Fed is considerin More… |
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Oil prices fall 5pc on profit takingOil prices fell in Asia on Monday as traders took profits, snapping gains last week that saw the biggest two-day rally in six years. Brent crude futures for October delivery slipped nearly $1, or 2 per cent, putting the benchmark More… |
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Wild week for markets ends quietlyA volatile ride for global markets this week ended calmly on Friday even as worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day. More… |
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Dollar in demand, gold dives to five-year lowThe US dollar held broad gains in Asia on Monday as investors looked ahead to higher interest rates from the Federal Reserve, while gold slumped to five-year lows as a lack of global inflation left little to hedge against. The pre More… |
