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Hopes of Fed standing pat on rate hikes drive Wall Street higher

5 hours ago DieselGasoil Comments Off on Hopes of Fed standing pat on rate hikes drive Wall Street higher
(Reuters) – Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. Read More

Merkel ‘not aware of 17th century rules’ stopping new Brexit vote as Germany begs ‘please, deliver’

6 hours ago DieselGasoil Comments Off on Merkel ‘not aware of 17th century rules’ stopping new Brexit vote as Germany begs ‘please, deliver’
German Chancellor Angela Merkel is having a hard time keeping up with news on Brexit, joking that the process is hard to follow, especially if you’re not clued in on British parliamentary procedure rules “from the 17th century.” Merkel was referring to House of Commons Speaker John Bercow’s citation of the Erskine May Parliamentary Practice Read More

Global shares gain as Fed looms, pound rides new Brexit twists

10 hours ago DieselGasoil Comments Off on Global shares gain as Fed looms, pound rides new Brexit twists
LONDON (Reuters) – World shares inched toward their longest winning streak of the year on Tuesday ahead of a Federal Reserve meeting, while the pound kept calm after another dramatic twist in the Brexit plot bolstered bets on a lengthy delay to the process. FILE PHOTO: Traders work at Frankfurt’s stock exchange in Frankfurt, Germany Read More

Forget gold: Palladium is the undisputed precious metals champion

11 hours ago DieselGasoil Comments Off on Forget gold: Palladium is the undisputed precious metals champion
Palladium has continued this year’s rally, surging to a new record on Tuesday amid rising worries about shrinking supply. It has continued to beat gold and silver as the best investment among precious metals. Spot palladium was up around 0.5 percent at $1,591.5 an ounce as of 07:57am GMT, after touching its highest price ever Read More

New Zealand 'will give gunman nothing – not even his name', PM vows

12 hours ago DieselGasoil Comments Off on New Zealand 'will give gunman nothing – not even his name', PM vows
New Zealand’s prime minister has promised to deny the mosque terror attacker notoriety, saying she will never to refer to him by name. Jacinda Ardern was speaking as parliament met for the first time since 50 people were killed in Christchurch on Friday. “He sought many things from his act of terror, but one was Read More

Asian shares steady as Fed looms, May's Brexit deal in chaos

13 hours ago DieselGasoil Comments Off on Asian shares steady as Fed looms, May's Brexit deal in chaos
TOKYO (Reuters) – Asian shares held to tight ranges on Tuesday ahead of a Federal Reserve policy meeting, but were broadly supported near 6-1/2-month highs on expectations the U.S. central bank might strike a dovish tone, while fresh Brexit worries weighed on the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage Read More

'I'll never mention mosque killer's name', vows NZ leader

15 hours ago DieselGasoil Comments Off on 'I'll never mention mosque killer's name', vows NZ leader
New Zealand’s prime minister has promised to deny the mosque terror attacker notoriety, saying she will never to refer to him by name. Jacinda Ardern was speaking as parliament met for the first time since 50 people were murdered in Christchurch on Friday. “He sought many things from his act of terror but one was Read More

Asian shares flat as Fed looms, May's Brexit deal in chaos

17 hours ago DieselGasoil Comments Off on Asian shares flat as Fed looms, May's Brexit deal in chaos
TOKYO – Asian shares held tight ranges on Tuesday ahead of the a Federal Reserve policy meeting, but were broadly supported near six-month highs on expectations the central bank might strike a dovish tone, while fresh Brexit worries dogged the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, Read More

Oil hits 2019 high as OPEC+ re-commits to cuts in the near term

23 hours ago DieselGasoil Comments Off on Oil hits 2019 high as OPEC+ re-commits to cuts in the near term
By Ben Foldy on 3/18/2019 NEW YORK (Bloomberg) — Oil closed at its highest yet this year as OPEC and its partners committed to continuing production cuts until at least June, when they will meet to discuss an extension. Futures advanced 1 percent in New York on Monday. The group known as OPEC+ closed a Read More

Oil closes in on four-month highs on OPEC cuts, U.S. stock draw

24 hours ago DieselGasoil Comments Off on Oil closes in on four-month highs on OPEC cuts, U.S. stock draw
NEW YORK (Reuters) – Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo/File Photo Read More