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Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

Oil falls as U.S.-China trade war weighs, but OPEC cuts underpin prices
Monday, 27 May 2019 13:57 WIB | ENERGY |Minyak WTIMinyak MentahMinyak Brent

Oil prices fell on Monday, extending losses from last week when crude dropped the most this year on concerns the Sino-U.S. trade war could trigger a broad economic slowdown, although OPEC's supply cuts provided some support.

U.S. West Texas Intermediate (WTI) crude futures were at $58.24 per barrel at 05:41 GMT, down 39 cents, or 0.7%, from their last settlement.

Front-month Brent crude futures, the international benchmark for oil prices, were at $68.58 per barrel, 11 cents, or 0.2%, below their last close.

Both crude contracts last week registered their biggest price declines this year amid concerns that the U.S.-China trade dispute could accelerate an international economic slowdown.

Source : Reuters

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POPULAR NEWS
Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

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