Thursday 11 February 2016
 
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Commodities

Oil price rout hits energy shares, dollar firm

Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI's broadest index of Asia-Pac

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Oil price rout hits energy shares, dollar firm

Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI's broadest index of Asia-Pac

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Dollar hits 8-month high on rate views

The dollar rose to an eight-month high on Monday amid heightened expectations that the US Federal Reserve might raise interest rates next month, driving down the prices of copper, gold and other metals. World equity markets slippe

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Asia stocks mixed, euro and commodities skid

The euro sagged to a seven-month trough on Monday as the prospect of more policy easing in Europe benefited the US dollar, while activity in Asian shares was crimped by a holiday in Japan. The strength of the dollar also combined

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Asian shares hang on to gains, commodities battered

Asian shares were set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic g

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Asian shares skid as commodities revisit 6-year lows

Asian shares slumped on Friday after commodity prices plunged to multi-year lows on worries that slower global growth may worsen a supply glut, while US Federal Reserve officials kept beating the drum for a rate hike next month. &

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DGCX metal trades up 30pc in October

DGCX (Dubai Gold and Commodities Exchange) has announced 58,596 metal trades during October, compared to 45,022 during the same month in 2014, marking an increase of 30 per cent. Monthly figures released by DGCX also show that Gol

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Asia drops as China fears hit commodities

Asian equities fell across the board on Tuesday after commodity prices languished in the wake of China growth woes and dampened risk sentiment, while the euro hovered near a 10-day low ahead of a European Central Bank meeting that could open the

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Asian shares slip from 2-month high, oil tumbles

Asian shares stepped back from two-month highs on Tuesday and commodity currencies retreated as a big fall in oil prices triggered profit-taking, though fading expectations of an imminent US rate hike lent some support. Trade data

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Asian shares extend an October rally; dollar slips

Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fueled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year grew even dimmer.

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