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Oil slides on short-term demand concerns over US inflation data

Crude prices are softening amid fears an inflation report could force the Fed to tighten policy more aggressively, analyst says

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OANDA Scoops Top Industry Awards: TradingView's 'Most Popular Broker' Award and 'Best in Class' Honours with ForexBrokers.com

/PRNewswire/ -- We are proud to announce that our commitment to serving traders has again earned us top broker rankings in this year's awards season. OANDA has...

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World Business Report

and nobel peace prize winner, maria ressa, has been acquitted of tax evasion charges. nurses in england and wales are striking today and tomorrow over pay and conditions. china's tech stocks have staged a quite remarkable $700 billion rally as the country reopens and a regulatory clampdown on the sector loosens. now this is drawing the attention of international asset managers who fled the market in recent years. many chinese companies are in hong kong's hang seng's tech index, which has soared almost 60% since its lows last october. joining me now is craig erlam, senior market analyst, oanda. we must give the financial times and bloomberg credit here because they have been looking into it and crunched the numbers and come up with this 700 illien dollar rally, took us through what is going on?

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GLOBAL MARKETS-Asian equities rise, dollar sways as focus firmly on Fed minutes

Asian equities rose on Wednesday, while the dollar was on the back foot after a steep spike overnight, with investors keenly awaiting minutes from the Federal Reserve's most recent meeting to gauge the path forward for interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.91%, set for a third straight day of gains for the year.

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World Business Report

joining me now is craig erlam, senior market analyst, oanda. good morning and happy new year. there is a lot going on right now, the chancellor is going to meet with these business groups at lunchtime today, so we've heard, at the bbc. businesses are desperate for more help, abe, when it comes to dealing with energy bills? , ., , _ comes to dealing with energy bills? , . , _ ., bills? first, happy new year. second, bills? first, happy new year. second. yes. _ bills? first, happy new year. second, yes, these _ bills? first, happy new year. | second, yes, these businesses are looking for help, they need help and they been seeking clarity for many months. you can sympathise with both sides, to be honest, ischaemic this magnitude, the cost that it has over the last six months which is around 20 billion over six months to april. it has to be refined to be suitable for the

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Oil slides to December 2021 lows after leak in Keystone pipeline

Oil prices set for biggest weekly drop in months as closure of a Canada-to-US crude pipeline disrupts supplies

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OANDA Launches Crypto Trading Service in the US

/PRNewswire/ -- OANDA, a global leader in online multi-asset trading services, currency data and analytics, today announced the launch of a new cryptocurrency...

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OPEC+ agrees major oil output cut

The 13-nation OPEC cartel and its 10 Russian-led allies agreed to reduce two million barrels per day from November at a meeting in Vienna, said Iran's OPEC Governor Amir Hossein Zamaninia

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Oil prices rise as Opec still produces less than agreed

The impasse over a revival of the Iran nuclear deal is keeping Iran’s exports from fully returning to the market

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RINGGIT FALLS VS US DOLLAR AT THE CLOSE

KUALA LUMPUR: The ringgit ended lower against the US dollar as oil prices declined, and the pressure was exacerbated by growing anticipations of an aggressive interest rate hike decision by the United States Federal Reserve tomorrow, said an analyst.

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