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Asia shares inch higher as investors confident about US Fed’s Sept rate cut

Asia shares inch higher as investors confident about US Fed’s Sept rate cut

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Japan’s Nikkei held steady near record highs. Asian stocks inched higher on Monday as investors grew more confident about a September US rate cut, while the euro grappled with political uncertainty as French elections pointed to a hung parliament. In France, a leftist alliance unexpectedly took top spot ahead of the far right, a major […]

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Q1 results, FII action among 10 factors to impact D-Street mood this week

Q1 results, FII action among 10 factors to impact D-Street mood this week

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Nifty ended with 1.2% gains in a week helped by gains in IT, energy, and pharma stocks. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-truncated week are likely to impact them. The Indian stock markets had yet another excellent week for the bulls, with

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WTI moves away from over two-month peak, holds above $83.00 as traders await US NFP

WTI moves away from over two-month peak, holds above $83.00 as traders await US NFP

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WTI attracts some sellers on Friday and reverses a part of the previous day’s move up. Geopolitical tensions and forecasts of a peak summer fuel demand could lend support. Traders now look to the US NFP for short-term opportunities on the last day of the week. West Texas Intermediate (WTI) US crude Oil prices tick

WTI moves away from over two-month peak, holds above $83.00 as traders await US NFP Read More »

Oil prices rise 1%, on pace for monthly gain as Israel-Lebanon tensions simmer

Oil prices rise 1%, on pace for monthly gain as Israel-Lebanon tensions simmer

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Crude oil futures rose 1% on Monday and are on pace to post a gain for the month, as signs point to strengthening gasoline demand in the US and geopolitical tensions flare again in the Middle East. Oil prices pulled back Friday, snapping a recent winning streak, but closed out the week nearly 3% higher.

Oil prices rise 1%, on pace for monthly gain as Israel-Lebanon tensions simmer Read More »

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

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Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Jun 21, 2024, 1:19 AM CDT Crude oil prices are about to book another weekly gain, boosted by the Energy Information Administration’s latest inventory report. On Thursday, the

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall Read More »

Japan to extend gasoline subsidies to year-end, NHK reports

Japan to extend gasoline subsidies to year-end, NHK reports

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Advertisement Advertisement FILE PHOTO: Japanese Prime Minister Fumio Kishida walks, on the day of the opening ceremony of the Summit on Peace in Ukraine at the Buergenstock Resort in Stansstad near Lucerne, Switzerland, June 15, 2024. REUTERS/Denis Balibouse/Pool/File Photo TOKYO : Japan’s Prime Minister Fumio Kishida is set announce another extension of gasoline subsidies until

Japan to extend gasoline subsidies to year-end, NHK reports Read More »

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