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Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Oil Ends Lower Amid Lack of China Trade Progress Trade
Tuesday, 19 November 2019 03:54 WIB | ENERGY |Crude OilOil,Minyak MentahBrentWTIMinyak

Oil futures settled lower on Monday, after posting back-to-back weekly gains on rising hope for a so-called phase-one U.S.-China trade deal.

West Texas Intermediate crude for December delivery fell 67 cents, or 1.2%, to settle at $57.05 a barrel on the New York Mercantile Exchange, while January Brent crude lost 86 cents, or 1.4%, at $62.44 a barrel on ICE Futures Europe. Both crude benchmarks tallied gains in each of the last two weeks and their dollar and percentage losses Monday were the largest single-session declines since Nov. 6, according to Dow Jones Market Data.

Further headwinds come from last week™s Energy Information Administration inventory data, which revealed a œmoderately stronger than expected build for U.S. crude stocks for the week ended Nov. 8, along with preliminary production figures showing a climbed to a new all-time high at 12.8 million barrels a day, said Fraser, in a daily note. œThat jump comes amid expectations of a prolonged slowdown in growth in the coming years, but that may not materialize until producers cross the 13 [million barrels a day] threshold.

Source : Marketwatch

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POPULAR NEWS
Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

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