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...featured guests ranging from former US president Bill Clinton and ex-prime minister of the U.K....
...Need to know: Global economy In China, authorities stepped up measures to support the renminbi by cutting the amount of foreign currency that financial institutions are required to hold in reserve....
...The price of gold has risen steadily from just under $1,500 an ounce in March to $2,075 in early August, though it has fallen 11 per cent to below $1,900 in recent days, according to Refinitiv data....
...As the COVID-19 crisis worsened, investors shifted a record amount of assets to cash in March....
...In Europe, the pan-regional Stoxx 600 index ended 0.2 per cent higher, with both the Xetra Dax in Frankfurt and the FTSE 100 in London rising by the same amount....
...This performance followed a record quarter in the three months to the end of August, when revenue was up 21 per cent year-on-year and the number of clients rose 9 per cent to 124,900....
...(-0.16%) at 7,328 CAC 40 unchanged 0.00 (0.00%) at 5,376 Dax unchanged 0.00 (0.00%) at 13,049 Currencies €/$ 1.18 (1.18) $/¥ 112.02 (112.58) £/$ 1.34 (1.34) €/£ 0.8822 (0.8795) Commodities ($) Brent Crude...
...The US dollar index — which measures the currency against a basket of peers — was flat through most of the Asian trading day....
...Brent crude, the international benchmark, was off 0.4 per cent at $51.70 a barrel and West Texas Intermediate, the US marker, was down the same amount at $47.71....
...the basis: The amount of reserves held by banks at the Fed determines the amount of U.S. dollars that banks can swap for yen, euros, pounds and Swiss francs in the form of reserves at other central banks...
...In currencies Mario Draghi’s comment yesterday that the eurozone still needs “an extraordinary amount of monetary support” have kept the euro under pressure in Asia on Tuesday....
...made with responsible amounts of sugar.”...
...The dollar index, which measures the currency against a basket of its peers, was flat at 93.631....
...Dax unchanged 0.00 (0.00%) at 12,446 Currencies €/$ 1.14 (1.14) $/¥ 114.39 (114.03) £/$ 1.29 (1.29) €/£ 0.8838 (0.8847) Commodities ($) Brent Crude (ICE) up +0.28 at 47.16 Light Crude (Nymex) up +0.25...
...European markets Eurofirst 300 up +1.50 (+0.10%) at 1,520 FTSE100 down -35.05 (-0.47%) at 7,378 CAC 40 unchanged 0.00 (0.00%) at 5,235 Dax unchanged 0.00 (0.00%) at 12,632 Currencies €/$ 1.15 (1.15) $...
...Of its total exceptional costs of $47.6m, some $25.2m related to its acquisition of Amec, which is expected to complete in the fourth quarter of the year....
...In late afternoon New York trade, the single currency was at $1.1381 — up 0.4 per cent on the day....
...The global benchmark was up 0.2 per cent on Tuesday at $50.84, reversing from a 0.2 per cent drop at the open. West Texas Intermediate, the US marker, was up the same amount at $47.66....
...The dollar index, which measures the currency against a basket of peers, was 0.1 per cent weaker after strengthening 0.6 per cent in the previous session....
...The dollar index, a measure of the US currency against a basket of global peers, was up 0.1 per cent on Thursday in Asia at 99.297 after a 0.2 per cent gain in the previous sessions....
...European currencies were trading higher, with sterling up 0.1 per cent at $1.2932 and the euro rising by the same amount to $1.1356....
...The dollar index, a measure of the currency against a basket of peers, was 0.2 per cent weaker at 95.615....
...The dollar index, which tracks the currency against a basket of peers, was flat at 96.921. The Japanese yen was basically flat at ¥109.55....
...The dollar index, a measure of the US currency against a basket of global peers, was 0.1 per cent lower at 97.184 after three straight days of gains....
...The dollar index, which measures the currency against a basket of peers, was unchanged at 97.259. Oil prices in Asia have been building on Friday’s gains....
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