Oil Steadies after Early Decline as more Rate Hikes Loom

LONDON, Dec 15 Reuters Oil prices steadied on Thursday after early declines as the dollar firmed while the possibility of further increases to interest rates by central banks also heightened demand concerns. Brent crude futures rose 14 cents, or 0.2, to 82.84 a barrel by 1055 GMT and U.S. crude futures added 1 cent to […]
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Dollar Gains after Fed Meet, BOE and ECB in Focus

LONDON, Dec 15 Reuters The dollar strengthened across the board on Thursday after the Federal Reserve said it would deliver more interest rate hikes next year and before meetings of the Bank of England and the European Central Bank. The euro fell 0.67 to 1.0611, and sterling lost 0.9 to 1.2316, both falling from sixmonth […]
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Tesla Shares Fall as Investors Bash Musks Twitter Focus

SAN FRANCISCO, Dec 14 Reuters Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a fanboy of CEO Elon Musk lashed out at Musk39;s distraction from the electric car company following his buy of Twitter. Shares of Tesla, the world39;s most valuable carmaker, is one of […]
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Foreigners Turn net Buyers of Japanese Stocks Last Week

Dec 15 Reuters Foreign investors were net buyers of Japanese stocks last week, as worries about the U.S. Federal Reserve39;s interest rate hikes eased and sentiment improved after China eased its COVID19 restrictions. Overseas investors purchased Japanese stocks worth a net 338.5 billion yen 2.50 billion in the week ended Dec. 8, after selling a net 781.55 […]
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Stocks Drop as C.Banks Meet on Higher for Longer Fed View

LONDON, Dec 15 Reuters Global shares slid for a second day on Thursday as major central banks deliver their final policy decisions of the year, with the U.S. Federal Reserve signalling that it expected interest rates to stay higher for longer. In Europe, the Swiss National Bank delivered an expected halfpoint hike that brought rates to a […]
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