flash-finance
Japan's Nikkei clears 70,000 briefly on BOJ relief
BOJ hikes rates as deputy head warns inflation risks and Iran uncertainties
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Indian rupee extends gains; US-Iran peace agreement details, Fed guidance awaited Reuters
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Exclusive: The US is using an Iranian smuggling tactic to sneak oil out of the Gulf Reuters
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Abu Dhabi National Oil Co has hired commodities veteran Benoit Roulon to head up its trading arm, part of the long-term expansion plan at the Middle Eastern producer which quit OPEC last month.
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Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and key market gauges tumbling.
Philip R. Lane: Outlook for the euro area economy
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Re-equitization, the perfect SpaceX pop, Ken Griffin and Nubank’s non-liquidation.
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Corporate profits are becoming an increasingly crucial driver of India’s economy. Yet it isn’t a chest-thumping accomplishment in policymaking. If anything, it’s the opposite because those surpluses aren’t being plowed back into new physical assets.
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Explainer: Middle East oil and gas output will take months to fully recover Reuters