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$A higher against $US

The Australian dollar is up amid better-than-expected US GDP figures and a rebound in oil prices off last week's lows.
Sydney Morning Herald Also reported by •The Age

Citi: "We Have Only Seen This Market Anomaly Twice Before: In 1999 And 2006"

citi: we have only seen this market anomaly twice before: in 1999 and 2006
With one bank after another - including Goldman, JPM and BofA - quietly urging investors in recent weeks to head for the exits in a time when the Fed is not only hiking rates but warning about..
Zero Hedge

Videos for "Oil Prices"

News video: Wall Street Preview: Crude Oil Stabilizes

Wall Street Preview: Crude Oil Stabilizes 02:03

U.S. stock futures were mostly lower on Friday, though just barely as crude oil prices stabilized and traders looked ahead to the long holiday weekend. Crude oil prices rebounded on Friday morning..
Source: The Street -

News video: Oil down despite OPEC deal

Oil down despite OPEC deal 01:20

Oil prices edge up on Friday but are still nursing severe losses after a five per cent plunge in the previous session. As Laura Frykberg reports, disappointed investors had been betting on a bigger..
Source: Rumble -

News video: Investors React to OPEC's Production Cut Agreement

Investors React to OPEC's Production Cut Agreement 00:37

Here is your round-up of the financial news from around the world: 1. European stocks are likely to drift lower at the start of trading Friday as investors react to yesterday's OPEC agreement on..
Source: The Street -

News video: Energy Aspects' Sen Sees OPEC Cutting Exports in 3Q

Energy Aspects' Sen Sees OPEC Cutting Exports in 3Q 04:40

May.26 -- Amrita Sen, chief oil analyst at Energy Aspects, discusses OPEC's oil production cut extension, where she sees prices heading and her outlook for U.S. shale production. She speaks on..
Source: Bloomberg Global Business -

News video: UBS' Gordon Is Bullish on Oil in Short Term

UBS' Gordon Is Bullish on Oil in Short Term 05:01

May.25 -- Wayne Gordon, executive director of commodities and FX at UBS Wealth Management, discusses the OPEC production cut extension, oil production in the U.S. and where he sees the market heading...
Source: Bloomberg Global Business -


Memo From Moscow: Will Russia Stick to Promise to Cut Output With OPEC? Skepticism Abounds

The Kremlin has a long history of trying to jawbone up global oil prices while doing as little as possible, or nothing, to curb output.

Not OPEC, China Dictates The Oil Prices

The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of 2017, according to Helima Croft of RBC..

Oil prices rebound, sterling hit as May's lead shrinks

By Hilary Russ
Sify Also reported by •DNA

Global markets - Battered oil fights back, sterling hit as May's poll lead shrinks

LONDON (Reuters) - Battered oil prices recovered some ground on Friday as investors looked past disappointment that an OPEC meeting did not produce bigger supply cuts, while sterling slid on a poll..
Reuters India Also reported by •DNA

FOREX-Oil-linked currencies recover, polls shake pound

Sterling fell to a two-week low on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while commodity-linked..

Hong Kong stocks snap 5-day winning streak as energy firms hit by oil drop

Hong Kong stocks broke a five-day winning streak on Friday, as gains in air carriers were offset by weakness in energy shares following a tumble in oil prices.
DNA Also reported by •Sify

Modi@3: The economic report card

Turbo-charged by a decisive PM and aided by low oil prices, the economic ministries of NDA have started to move in tandem. The task for the remaining 730 days is to make it more attractive for private..

Refined soya oil futures down 1.05% on profit-booking

Refined soya oil prices drifted lower by 1.05 per cent to Rs 626.50 per 10 kg in futures trade today as participants booked profits amid easing demand in the spot market against adequate stocks..

FOREX-Pounds slips as PM May's lead narrows, commodity currencies shaky

Sterling fell on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while weakness in oil prices dragged on..

Sensex breaches 31,000-mark, Nifty nears 9,600-overwrite

Benchmark Sensex soared past the 31,000-mark for the first time today on sustained fund inflows amid robust corporate earnings. The broader Nifty too gained 81.55 points, or 0.85 per cent, to hit a..
Deccan Herald

GLOBAL MARKETS-U.S. stocks scale new peaks on retailer results; oil falls

U. S. stocks scaled fresh highs on Thursday after strong earnings reports from retailers, outpacing European shares which closed little changed, while oil prices plunged after top oil producers..

For the first time, Pakistan's economy ascends to achieve US $300 billion mark

Cash-strapped Pakistan's economy for the first time crossed the US $300-billion mark and achieved over 5% GDP growth. Finance Minister Ishaq Dar on May 25 announced that Pakistan's Gross Domestic..

FOREX-Commodity currencies dip as OPEC underwhelms

The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oil prices as OPEC countries meeting in Vienna looked like they would go no further with production..

World stocks hit record after Fed minutes, oil up as OPEC meets

World stocks hit record highs on Thursday and the dollar dipped after the US Federal Reserve signalled caution in raising interest rates, while oil prices rose in anticipation of top producers agreeing..
Zee News

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