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Business IG rates Wall Street XAU 

Stocks advance on modest oil bounce

June 22, 2017 By Chuck Mikolajczak NEW YORK (Reuters) – World stock markets edged higher on Thursday, buoyed by a modest rebound in oil prices after the commodity hit 10-month lows, while the U.S. yield curve managed to stall its recent flattening. Oil edged up from November lows hit in the prior session, when U.S. crude hit its lowest intraday level since August 2016, sentiment remained negative from a supply glut that has persisted despite OPEC-led efforts to balance the market. U.S. crude rose 0.75 percent to $42.85 per barrel…

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Business IG rates Wall Street XAU 

Asian stocks climb as oil crawls up from 10-month low

June 22, 2017 By Nichola Saminather SINGAPORE (Reuters) – Asian stocks advanced on Thursday as oil prices inched up after hitting a 10-month low overnight on concerns over a supply glut and falling demand, dragging U.S. and European shares lower. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent. Japan’s Nikkei and South Korea’s KOSPI were flat, while Australian shares rose0.4 percent. Crude oil crept up from multi-month lows hit on Wednesday on concerns over growing U.S. production and reduced Chinese refinery activity. “The time for contrarian…

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Asia Business consumer Wall Street XAU 

Asia stocks shake off Wall St. blues, sterling steady pre-Brexit talks

June 19, 2017 By Nichola Saminather SINGAPORE (Reuters) – Asian stocks rose on Monday, shaking off Wall Street’s subdued performance on Friday, and sterling was steady after a van rammed into worshippers leaving a London mosque, killing at least one person, as markets braced for the start of Brexit talks. European stock markets were set for a strong start to the week, with financial spreadbetter CMC Markets expecting Britain’s FTSE 100 to open 0.6 percent higher, France’s CAC 40 to be up 0.3 percent and Germany’s DAX 0.2 percent. MSCI’s…

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Asia drops as White House turmoil hits risk sentiment, dollar bruised

May 18, 2017 By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks fell on Thursday in line with global peers, and the dollar nursed deep losses against the yen as uncertainty mounted over U.S. President Donald Trump’s future following reports that he tried to interfere with a federal investigation. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan’s Nikkei shed 1.2 percent, Australian shares lost 1.1 percent and South Korea’s Kospi declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500…

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