Archive for the January 24, 2019
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UK shares slipped on Wednesday as fresh worries about global economic growth weighed on oil stocks while a stronger pound also pulled down multinational stocks, with Metro Bank losing over a third of its value
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The safe-haven yen fell versus its peers on Wednesday as concerns over slowing global growth and US-Sino trade tensions dampened investors' appetite for riskier assets. The yen weakened by 0.3 percent versus the greenback to
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The dollar edged lower but held within sight of a three-week high on Wednesday as firmer stock markets and commodity currencies such as the Australian dollar prompted investors to trim their long dollar positions. Though
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The dollar rose against the yen on Wednesday, after the Bank of Japan kept its stimulus program in place, but uncertainties over trade and the global economy kept the greenback in a tight trading range
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The dollar fell against the Japanese yen on Tuesday, as worries about flagging global growth and concerns about continuing US-Chinese trade tensions drove investors to seek out safe-haven assets. The dollar was 0.41 percent lower
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The New Zealand dollar bounced smartly on Wednesday after inflation data proved not nearly as soft as some bears had been wagering on, prompting a round of hurried short covering. The kiwi popped up to
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Most Asian currencies advanced on Wednesday with the Chinese yuan bouncing on shifting sentiment around Sino-US trade talks, while lower oil prices boosted the Indian rupee and the Indonesian rupiah. White House economic adviser Larry
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Sterling leapt to a 10-week high on Wednesday after Britain's opposition Labour Party said it would back an attempt by lawmakers to prevent a disorderly no-deal Brexit. The United Kingdom is due to leave the
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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,633. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.444 billion and the number of lots traded 15,535. Major
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Asia's naphtha crack fell sharply on Tuesday to a near two-month low of $30.58 a tonne as demand for the feedstock was countered by ample supplies. South Korea's SK Energy bought heavy full-range naphtha for
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