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| State banks help steady Turkish lira despite oil jump ANKARA (Reuters) - The Turkish lira was flat on Monday despite another jump in oil prices, and three traders said state banks were again selling dollars to support the currency through market turbulence after the U.S. killing of a top Iranian commander. | |
| OPEC December oil output slips as Nigeria, Iraq comply more LONDON (Reuters) - OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of a new production-limiting accord, a Reuters survey found. FILE PHOTO: Flames ... | |
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| RPT-GRAPHIC-Take Five: Crude awakening (Repeats story published on Friday, no changes to text). Jan 3 (Reuters) - 1/OIL BACK ON THE BOIL Geopolitics is back in the driving seat. The U.S. killing of a top Iranian commander has doused the nascent New Year rally and delivered a $3 boost for oil ... | |
| Yen hits three-month high as Mideast tensions escalate SINGAPORE (Reuters) - The safe-haven yen touched a three-month high on Monday and gold jumped as investors fretted that the killing of Iran's most prominent military commander by the United States could trigger a broader Middle East conflict. | |
| American Consumers, Not China, Are Paying for Trump's Tariffs WASHINGTON — American businesses and consumers, not China, are bearing the financial brunt of President Trump's trade war, new data shows, undermining the president's assertion that the United States is "taxing the hell out of China." "U.S. tari ffs ... | |
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| Trump's Iraq threats could backfire on oil and gas prices New York (CNN Business) Political and economic realities could make it difficult for President Donald Trump to carry out his threat to punish Iraq with bruising sanctions if US troops are expelled from the country. Trump vowed Sunday to hit Iraq with penalties ... | |
| New Year, Old Problems for European Banks Most new years start with a hopeful view of what can be achieved in the months ahead, but there is little in 2020 for investors in European banks to get excited about. Last year began with rosy expectations of rising interest rates and growing profits. | |
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