Saturday 4 July 2015
 
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Gold rebounds, but set for 4th weekly drop

Gold rebounded and world shares weakened on Friday before a meeting of euro zone finance ministers that could put Greece on its way to exiting the bloc, but prices were still headed for their fourth straight weekly drop. Spot gold

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Oil prices likely to rebound in H2 of 2015

Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in US shale production counters a supply glut exacerbated by Opec's decision not to cut output, a Reuters monthly

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GCC rebound likely to slow as oil outlook still cloudy

A strong rebound by Gulf stock markets looks set to slow on Sunday as the outlook for oil prices remains cloudy, but the panic which engulfed stocks earlier this month is unlikely to return. Gulf bourses surged on Thursday, with S

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Oil to rebound next year after post-Opec sell-off

Oil prices are expected to rebound in 2015 and 2016 as the market stabilises in the wake of a near-40 per cent collapse this year, Reuters monthly poll showed.   Although forecasts have collapsed in t

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No quick rebound in oil prices likely, warns IEA

The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday. The International Energy Agency (IEA

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Gold drops close to $1,300 on stronger dollar

Gold was close to $1,300 an ounce on Thursday and edging lower on signs the Federal Reserve may trim its stimulus measures this year and as the dollar rebounded after President Barack Obama began meetings with lawmakers to resolve the US budget

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China economy slows for 7th quarter

  China's economy slowed for a seventh straight quarter in July-September, missing the government's target for the first time since the depths of the global financial crisis, but other data released on Thursday pointed to

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Saudi rebounds; not affected by Nayef death

Saudi Arabia's index roses in early trade, recovering the previous day's losses, with the death of the kingdom's crown prince no longer affecting the market. The benchmark climbed 0.3 per cent to hit 6,745 points. It fell 0.3

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Dubai rebounds, most Gulf markets up

Dubai's index rose for a third session in four on Tuesday as upbeat global markets buoyed sentiment, but late selling wiped out much of its intraday gains, with short-term retail traders dominant and seeking a quick profit. Most Middl

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Saudi index rebounds from 3-week low

Saudi Arabia's shares rebounded from Monday's three-week low, mirroring gains in world stocks, on a report that Italy may get financial support from China to avoid a default but worries persist on euro-zone debt crisis. Investors w

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