Oil Prices Ease from 10Mth Highs but Hold above 90 Barrel

LONDON, Sept 11 Reuters Oil prices dipped on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10month highs last week. Saudi Arabia and Russia last week announced that they will extend voluntary supply cuts of a combined 1.3 million barrels per day bpd until the end of the year. Brent crude fell […]
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Sterling Gets a Lift from Dollars Decline vs Yen

LONDON, Sept 11 Reuters The pound rose on Monday, taking advantage of a hefty decline in the dollar against the Japanese yen that spilled into other currencies. Against the yen , the pound fell by almost 1 after Bank of Japan Governor Kazuo Ueda at the weekend said the central bank could end its policy of negative […]
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FTSE 100 Hits 1Month High on Mining, Housebuilders Boost

Miners rise after positive China data Vistry soars on business unit merger AstraZeneca falls after report on CEO stepdown FTSE 100 up 0.4, FTSE 250 adds 0.5 Sept 11 Reuters The UK39;s FTSE 100 index hit a onemonth high on Monday, boosted by miners after positive China data signalled stability in the world39;s secondlargest economy, […]
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Canada Plans Incentives to Ease Housing Burden, CBC Reports

Reuters Canada39;s Housing Minister Sean Fraser is evaluating a wide range of options as he looks to ease the housing crisis in the country, CBC reported on Sunday. There39;s a range of incentives that we39;re considering right now. Some could include potential tax incentives for builders to build. Some could include other lowcost financing arrangements, the report […]
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European Retailers Risk DressingDown from Investors as Consumers Flinch

LONDON, Sept 11 Reuters European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking for reassurances from the likes of HM and Zaraowner Inditex when they issue business updates this week. Last year, investors and strategists expected retailers39; margins […]
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