Russian Rouble Weakens ahead of Putin Address to Parliament

MOSCOW, Feb 21 Reuters The rouble weakened on Tuesday despite increased demand for the currency ahead of monthend tax payments as President Vladimir Putin prepares to update Russia39;s political and military elite on the Ukraine conflict. At 0732 GMT the rouble was 0.7 weaker against the dollar at 75.05, edging closer to an almost 10month […]
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Brent Oil Falls on Fears of Global Economic Slowdown

Federal Reserve minutes in focus for financial markets Mediumterm oil demand to exceed supply broker PVM Weekly API supply report delayed to Wednesday LONDON, Feb 21 Reuters Brent oil fell on Tuesday as concern about a global economic slowdown that would reduce demand prompted investors to take profits on the previous day39;s gains, outweighing supply […]
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RBA Abandoned Pause Option for Feb Rate Hike

SYDNEY, Feb 21 Reuters Australia39;s central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting and signalled more rate hikes would be needed in the months ahead. Minutes of the Feb. 7 policy meeting out on Tuesday showed the Reserve Bank […]
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FTSE 100 Muted as Miners Offset Declines in Consumer Stocks

Frasers Group jumps on share buyback program Darktrace up after announcing thirdparty finance review Miners shine on higher metal prices FTSE 100 off 0.1, FTSE 250 slips 0.2 Feb 20 Reuters UK39;s FTSE 100 was muted on Monday, as strength in mining stocks negated losses in consumer stocks, while Frasers Group jumped after the retailer […]
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Irans Currency Falls to Record Low as Sanctions to Continue

DUBAI, Feb 20 Reuters Iran39;s troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions. The Iranian rial plummeted to a new record low of 501,300 against the U.S. dollar, according to Bonbast.com which gathers live data from Iranian […]
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