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Dollar nurses losses as outlook remains wary

The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S. rate increases dwindled further after weak inflation data. More »

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Dollar edges lower after Friday bounce

The dollar edged lower on Monday following sharp gains in the previous session, as investors focused on inflation data due this week that could determine the currency's longer-term trajectory. More »

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Dollar hits six-week low versus yen- focus on U.S. data

A U.S. five dollar note is seen in this illustration photo June 1, 2017. The dollar skidded to a six-week low versus the yen on Tuesday, its outlook clouded by U.S. political turmoil and doubts over whether there will be another Federal Reserve rate hike this ... More »

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Hot and cold: Euro zone grows but inflation slows

FILE PHOTO: Customers push shopping trolleys on an escalator at the Bercy shopping centre in Charenton Le Pont, near Paris, August 29, 2013. Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts an... More »

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China bulls keep stocks near record high

Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 11, 2017. Strong data from China kept world shares near a record high on Monday, sent copper to a 4-1/2 month peak while emerging market stocks ... More »

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Oil edges up towards $49, U.S. drilling slowdown supports

FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will... More »

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Fed`s Yellen to speak: stocks up, dollar sluggish

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. The dollar was stuck near its lowest level in more than a year against the euro on Wednesday while stocks edged higher in light trading ahead of Janet Yellen’s testi... More »

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Oil rises above $48 as API reports drop in U.S. fuel stocks

FILE PHOTO: An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast for crude output next y... More »

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Carry trades in focus after BOJ reiterates policy stimulus

FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo The Japanese yen weakened against its main rivals on Monday, lurking below a four-month high against the dollar, as investors looke... More »

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Oil edges up but market still under pressure

A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. REUTERS/Stringer/File Photo Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling act... More »

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Inflation elusive, but central bankers getting twitchy

FILE PHOTO: Bank of Canada Governor Stephen Poloz (L) speaks with Bank of England governor Mark Carney as they gather for a family photo after a meeting of G-20 finance ministers and central bank governors during the IMF-World Bank annual meetings in Washingto... More »

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Oil prices fall 2 percent on signs market still oversupplied

FILE PHOTO: Eighteen oil pumpjacks are seen on a Hess well pad near Tioga, North Dakota April 30, 2016. REUTERS/Andrew Cullen/File Photo Oil prices fell more than 2 percent on Friday after data showed U.S. production rose last week just as OPEC exports hit a 2... More »

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Brent oil remains below $50 as OPEC supplies rise again

An employee pumps petrol for clients at a petrol station in Hanoi, Vietnam December 20, 2106. REUTERS/Kham Brent crude oil remained below $50 per barrel on Wednesday, weighed down by another rise in OPEC supplies despite a pledge to cut production, but geopoli... More »

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Asia learns to adapt to Korean tensions- Fed views awaited

FILE PHOTO – A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian share markets inched back into the black on Wednesday as investors wagered the latest flare-up of tensions on the Korean peninsula... More »

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Yen gains as Korean tensions curb risk, C$ near 10-month high

FILE PHOTO: U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo The dollar slipped against the yen on Wednesday on concerns about rising tensions between the United States and North K... More »

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Brent crude stabilizes near $50 a barrel

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Photo Oil prices flirted with both positive and negative territory on Tuesday, hovering around $50 a barrel on tentative signs th... More »

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Asian stocks start new month on firm footing, bonds under pressure

FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo, Japan, February 9, 2016. REUTERS/Issei Kato Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectatio... More »

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Oil prices edge up on first drop in U.S. drilling in months

FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. REUTERS/Ernest Scheyder Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity ... More »

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Asia stocks edge up on optimism over global growth, dollar soft

FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S.... More »

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Oil rises one percent on weaker dollar, but U.S. drilling drags

An oil rig drilling a well at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder Oil prices rose 1 percent early on Monday on a weaker dollar, but an increase in U.S. drilling activi... More »

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Dollar sags as U.S. yields stay low, rate hike expectations fade

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration The dollar sagged against its major peers on Monday, losing traction as U.S. Treasury yields stayed low amid fading expectations that the Federal Reserve to ... More »

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Dollar dips as traders await signals on more Fed hikes

FILE PHOTO: A picture illustration of U.S. dollar, Swiss franc, British pound and Euro bank notes January 26, 2011. REUTERS/Kacper Pempel/Illustration/File Photo The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the re... More »

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Asian shares flat, stay on track for a winning week

A stock quotation board displaying Japan’s Nikkei average is seen before a ceremony marking the end of trading in 2016 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2016. REUTERS/Toru Hanai Asian shares flatlined on Friday but remained on trac... More »

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Oil prices fall as OPEC output, U.S. crude stockpiles rise

Workers clamp together pieces of pipe while drilling an oil well near Fort Stockton, Texas, U.S., May 4, 2017. REUTERS/Ernest Scheyder Oil prices fell on Wednesday after industry data showed a build in U.S. crude stocks and OPEC reported a rise in its producti... More »

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World stocks march on as Fed rate hike looms, dollar steady

Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 13, 2017. REUTERS/Staff/Remote Stocks rose on Wednesday, but worries about stretched valuations and caution before a near-certain rate hike by t... More »

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Asia shares dragged under by U.S. tech slide, dollar firm

FILE PHOTO: Men look at an electronic board showing stock market information at a brokerage house in Beijing, China January 5, 2016. REUTERS/Kim Kyung-Hoon/File Photo Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocke... More »

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Euro zone yields drop as ECB shuns taper talk

European Central Bank President Mario Draghi listens during a news conference following the Governing Council meeting in Tallinn, Estonia, June 8, 2017. REUTERS/Ints Kalnins Euro zone bond yields hit multi-month lows and the euro dipped below $1.12 on Thursday... More »

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Pound nears two-week high before UK vote- euro steady ahead of ECB

FILE PHOTO: A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand October 12, 2010. REUTERS/Sukree Sukplang/File Photo Sterling traded near a two-week high on Thursday, supported by expectations that Prime Minister Theresa May’s party will wi... More »

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Asian stocks on edge before Comey, ECB and UK election

People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan June 2, 2017. REUTERS/Toru Hanai Asian shares wobbled on Thursday as investors braced for any surprises from the UK elections, the European Central Bank’s p... More »

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Oil rises off one-month lows struck after surprise stock build

A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.... More »

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Dollar hits seven-month low, stocks, oil retreat as caution reigns

Women holding parasols walk past an electronic board showing Japan’s Nikkei average rate outside a brokerage in Tokyo, Japan June 2, 2017. REUTERS/Toru Hanai Escalating tensions in the Middle East, the impending testimony of the former FBI director, British el... More »

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Asia stocks drift down from 2-year highs, pound nurses losses

A man cycles in front of electronic boards showing Japan’s Nikkei average (R) and the Dow Jones average (L top) outside a brokerage in Tokyo, Japan, November 10, 2016. REUTERS/Toru Hanai Asian stocks handed back earlier modest gains and drifted lower on Monday... More »

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Dollar edges up, markets take North Korea missile test in stride

An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The dollar edged higher against a basket of currencies on Monday, moving away from last week’s 6-1/2-month lows and shrugging off news of North Korea’s latest... More »

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Citi narrowly tops annual FX traders ranking

U.S. bank Citi held on to top spot in the foreign exchange industry’s main annual ranking of traders by volume on Wednesday despite losing around 2 percent in market share, results showed. More »

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Pace of Gulf tech deals heats up as Emaar buys Namshi stake

A logo of Emaar is seen near the Dubai Mall March 16, 2014. REUTERS/Ahmed Jadallah Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Global Fashion Group, a firm backed by Rocket Internet, for $151 million, a sign of growing dem... More »

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Dollar starts week under shadow of underwhelming data, North Korea

FILE PHOTO: Dollar banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo The dollar started the week on the defensive on Monday after U.S. economic data came in shy of expectations and another missile ... More »

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Oil up on falling U.S. inventories, Saudi cuts to Asia

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. ... More »

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Oil price jump pulls stocks higher

People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark ... More »

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Citadel Securities, XTX Markets join blockchain FX venture Cobalt

Electronic trading houses Citadel Securities and XTX have joined top global banks in signing up to blockchain currency settlement venture Cobalt, they said on Thursday, in what could be one of the first large-scale financial market uses of the technology. More »

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Equities slip after weak U.S. GDP- euro strengthens

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the... More »

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Oil prices fall on lingering oversupply concerns

FILE PHOTO: A Total petrol station is seen in Libreville, Gabon, February 2, 2017. Picture taken February 2, 2017 REUTERS/Mike Hutchings/File Photo Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders s... More »

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Asian shares pull back from highs on doubts over Trump`s tax plan

People walk past an electronic board displaying various Asian countries’ stock price index and world major index outside a brokerage in Tokyo, Japan, August 21, 2015. REUTERS/Issei Kato/File Photo Asian shares eased from a near two-year high on Thursday as a l... More »

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Oil recovers lost ground, but market remains under pressure

A worker at an oil field owned by Bashneft, Bashkortostan, Russia, in this January 28, 2015 file photo. REUTERS/Sergei Karpukhin/Files Oil prices recovered lost ground on Monday following big losses last week, driven by expectations that OPEC will extend a ple... More »

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Euro jumps, shares firm on French election relief

FILE PHOTO: Detail of a European map is seen on the face of a euro coin in London, Britain, January 31, 2016. REUTERS/Toby Melville/File Photo The euro briefly vaulted to five-month peaks on Monday after the market’s favored candidate won through the first rou... More »

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Oil prices claw back losses, but oversupply still weighs

A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon Oil prices regained some ground on Thursday after steep losses the previous day, as Kuwait said it expected an OPE... More »

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Asian stocks recoup losses in cautious trade- oil supports

A logo of Japan Exchange Group Inc. is seen next to a woman at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino/File Photo Asian stocks erased early losses and edged higher on Thursday as steadying commodity prices, especiall... More »

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Dollar set for weekly losses as tensions with Pyongyang rise

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo The dollar nursed losses on Friday, on track for a losing week as continuing tensions in North Korea underpinned the perceived safe... More »

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Asian shares, Korean won head south on geopolitical worries

A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) (L) and the exchange rate between the South Korean won and the U.S. dollar at a bank in Seoul, South Korea, March 16, 2017. REUTERS/Kim Kyung-Hoon Japan... More »

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Global Hard left, hard right, or center? French economy may decide

FILE PHOTO: A man looks at campaign posters of the 11th candidates who run in the 2017 French presidential election in Saint Andre de La Roche, near Nice, France, April 10, 2017. L-R : Nicolas Dupont-Aignan, Debout La France group candidate, Marine Le Pen, Fre... More »

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Treasury yields down, stocks fall on global risks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 13, 2017. REUTERS/Brendan McDermid Wall Street indexes fell along with U.S. Treasury yields on Thursday on safe-haven demand spurred by geopolitical worries, and the U.S. ... More »

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Oil near flat in strong week for crude

FILE PHOTO: A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. REUTERS/Essam Al-Sudani/File Photo Oil prices were little changed in modest volume on Thursday, during a week in which crude benchmarks rec... More »

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Oil prices rise on potential extension of output cuts

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to b... More »

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Yen hits multi-month highs as risk-off mood persists

FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo The yen hit five-month highs against the dollar, euro and sterling... More »

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Skittish investors seek safe harbor in yen, gold, bonds

A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five... More »

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Oil prices fall on bloated U.S. market, but other regions tighten

FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. REUTERS/Kham/File Photo Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were s... More »

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Asian stocks slip, investors on knife edge for Trump-Xi meeting

People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Stocks fell and bonds rose in Asia on Thursday, with risk appetite soured by signs the Federal Reserv... More »

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Dollar weighed by Xi-Trump summit nerves, geopolitical worries

A money changer holds stacks of US dollar notes in Jakarta, August 29, 2013. REUTERS/Beawiharta The dollar slipped against a basket of currencies on Thursday, weighed down by caution over the impending U.S.-China summit and geopolitical concerns. More »

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Dollar wobbles but holds above four-month lows

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Reserve officials gave investo... More »

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Oil prices fall as U.S. rig count stokes oversupply worries

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger d... More »

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U.S. GDP revision, higher oil boost stocks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, whil... More »

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Asia shares retreat from nearly two-year peak, dollar firms

A woman walks past electronic board showing stock prices and Japanese Yen’s exchange rate outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares turned lower on Thursday after earlier briefly nudging u... More »

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Healthcare vote delay worries stocks, dollar

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, wit... More »

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Is the dollar overvalued? That depends how you view it

U.S. dollar bank notes are seen in a bank in Budapest August 8, 2011. REUTERS/Bernadett Szabo As doubts grow over whether the dollar will resume the rally that took it to 14-year highs against other major currencies early this year, at least one measure seems ... More »

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U.S., Canada lift global box office as international sales flat

A general view at the premiere of ”Finding Dory” at El Capitan theatre in Hollywood, California U.S., June 8, 2016. REUTERS/Mario Anzuoni Worldwide movie ticket sales increased by 1 percent to a record $38.6 billion in 2016 as theaters in the United States and... More »

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Asian stocks slide as fresh Trump jitters damage risk sentiment

A man walks past an electronic board showing Japan’s Nikkei average (top L), the Dow Jones average (top R) and the stock averages of other countries’ outside a brokerage in Tokyo, Japan, January 26, 2017. REUTERS/Kim Kyung-Hoon Asian stocks posted their bigges... More »

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Oil prices fall on bloated U.S. crude storage

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite ... More »

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Oil prices dip as doubts remain over OPEC supply cuts

An oil derrick and wind turbines stand above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson Oil prices dipped on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supp... More »

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Asian stocks mark time, waiting for clearer view on U.S. rates

A man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. REUTERS/Toru Hanai Asian stocks consolidated recent gains on Wednesday before a U.S. central bank policy meeting that coul... More »

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Oil prices jump after data shows surprise U.S. stock draw

FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles a... More »

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Dollar off recent highs ahead of expected Fed rate hike

An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The dollar wobbled in a narrow range in Asian trading on Wednesday, as investors waited anxiously to see what clues the U.S. Federal Reserve would soon reveal... More »

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Oil prices fall to three-month low as U.S. rig count climbs

Fuel pump nozzles are pictured at a Helios petrol station in Almaty, Kazakhstan, June 10, 2016. REUTERS/Shamil Zhumatov Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept a... More »