Posted by support on October 14, 2016

SINGAPORE (Reuters) - Oil prices edged up on Friday, pushed by a tighter U.S. fuel market and as technical indicators attracted buying from financial players, but doubts over the feasibility of a planned production cut still weighed on markets.
Following a dip in early trading, international Brent crude futures were trading at $52.18 per barrel at 0643 GMT, up 15 cents, or 0.29 percent from their previous close.

Posted by support on October 13, 2016

LONDON (Reuters) - Tesco (L:TSCO), Britain's biggest grocery chain, has pulled dozens of Unilever (L:ULVR) (AS:UNc) brand products from its website after a disagreement over prices in the wake of a partly Brexit-driven slump in the British currency.
The dispute between two of Britain's best-known companies shows how the UK's decision to quit the European Union has exacerbated tensions between suppliers and retailers, which are battling for profits as consumers are increasingly savvy about their shopping.

Posted by support on October 13, 2016

SINGAPORE (Reuters) - Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stockpiles.
International Brent crude oil futures were trading at $51.37 per barrel at 0256 GMT, down 44 cents, or 0.85 percent, from their previous close.
U.S. West Texas Intermediate (WTI) crude futures were down 54 cents, or 1.08 percent, at $49.64 per barrel.

Posted by support on October 10, 2016

The U.S. dollar declined against a basket of major currencies on Friday, falling from a more than two-month high following the release of disappointing U.S. employment data for September, while the British pound plunged after what traders called a "flash crash" knocked the currency to the lowest level since 1985.
The U.S. economy added 156,000 jobs last month, down from a gain of 167,000 in August, while the unemployment rate ticked up to 5.0%, the Labor Department said Friday. Market analysts had expected 176,000 new jobs and the jobless rate to hold at 4.9%.

Posted by support on October 10, 2016

SYDNEY (Reuters) - The Mexican peso climbed and stocks crept higher on Monday as markets saw less chance of a victory by Republican nominee Donald Trump in his U.S. presidential bid amid a scandal over comments he made about women.
A holiday in Tokyo limited the reaction in equities and MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) was up a slight 0.1 percent. Spread betting sites pointed to modest opening gains in Europe.

Posted by kaela on September 27, 2016

Wall Street futures pointed to a lower open on Monday as a tightening U.S. election race and caution ahead of an informal meeting of oil producers caused investors to take a risk-off attitude, while they also looked ahead to appearances from the U.S. central bank officials.
The blue-chip Dow futures fell 88 points, or 0.48%, by 6:54AM ET (10:54AM GMT), the S&P 500 futures lost 10 points, or 0.45%, while the tech-heavy Nasdaq 100 futures traded down 28 points, or 0.58%.

Posted by kaela on September 27, 2016

HEMPSTEAD, N.Y. (Reuters) - Democrat Hillary Clinton and Republican Donald Trump locked horns over the economy, assailed each other's foreign policy, and interrupted each other repeatedly in heated exchanges at the first U.S. presidential debate on Monday.
After greeting each other with a handshake and a smile, the two opponents went on the attack, with Clinton calling the New York businessman's tax policies "Trumped-up trickle-down" economics and Trump accusing the former secretary of state of being "all talk, no action."

Posted by kaela on September 27, 2016

SYDNEY (Reuters) - Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump.
Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, international trade deals or the domestic economy.

Posted by support on September 22, 2016

(Reuters) - U.S. stocks climbed on Thursday, with big tech names leading broad gains, building on strength from a day earlier that was fueled by the Federal Reserve's decision to stand pat on interest rates.
The S&P 500 tallied its best two-day performance in more than two months, while the Nasdaq closed at a record high.

Posted by support on September 22, 2016

NEW YORK (Reuters) - The dollar fell to its lowest level in 10 days against a basket of major currencies on Thursday, a day after the Federal Reserve cut its longer-term interest rate expectations.
The U.S. central bank's policy-setting committee left its target rate for overnight lending unchanged at the end of its two-day meeting on Wednesday. It also projected a less aggressive rise in rates next year and in 2018, and cut its longer-run interest rate forecast to 2.9 percent from 3.0 percent.

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