• Oil at three-week low as rising output risks OPEC-led deal

    31 May 2017 02:21 PM |

    By Reuters : Oil fell to a three-week low on Wednesday on news that Libyan output was recovering from a technical issue at an oilfield, fuelling concerns that OPEC-led output cuts on reducing global inventories were being undermined by producers outside the deal.

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  • Investors cash in as profitable month of May ends, sterling slides

    31 May 2017 12:35 PM |

    By Reuters : Stocks flatlined on Wednesday as investors used the last day of May to protect gains built up in what has been yet another lucrative month, while sterling fell after an opinion poll suggested the ruling Conservatives could lose seats in next week's UK general election.

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  • Asia stocks cap fifth month of gains on China relief; sterling slips

    31 May 2017 10:23 AM |

    By Reuters : Asian stocks held steady on Wednesday, capping a fifth consecutive month of gains as data showed China's factory activity grew at a steady clip this month, reassuring investors worried about a slowdown in the world's second-biggest economy.

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  • Trump fires back at Merkel, says Germany is 'very bad' for the US

    30 May 2017 04:29 PM |

    By CNBC : President Donald Trump has criticized Germany once again for its large trade surplus with the U.S. and its low contributions to NATO, saying this attitude is "very bad" for the United States.

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  • Consumer spending jumps; monthly inflation rebounds

    30 May 2017 03:54 PM |

    By Reuters : U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates next month.

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  • Oil slips on oversupply worries despite OPEC deal

    30 May 2017 03:45 PM |

    By Reuters : Oil prices fell on Tuesday, pressured by concerns that production cuts by the world's big exporters may not be enough to drain a global glut that has depressed the market for almost three years.

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  • Dollar, yen gain as European political nerves weigh

    30 May 2017 10:36 AM |

    By Reuters : A new round of political worries over Greece, Italy and Britain had European currencies on the retreat against the dollar on Tuesday, the resulting bleaker mood on stock markets also pushing the yen broadly higher.

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  • Greece, Italy uncertainties dent euro, Asian stocks, lift yen

    30 May 2017 10:22 AM |

    By Reuters : Concerns about situations involving Greece, Italy and the European Central Bank kept the euro under pressure on Tuesday.

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