Oil drops as Suez opens, focus turns to OPEC+ output cuts

© Reuters. Views of Total Grandpuits oil refinery By Aaron Sheldrick TOKYO (Reuters) -Oil prices fell on Tuesday as the Suez Canal opened up after days closed by a grounded supercarrier and focus turned to an OPEC+ meeting this week where the extension of supply curbs may be on the table amid new coronavirus pandemic […]

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Nikkei 225 opens up 0.5% but then gives half of it back

Strong start quickly fades It only took a couple minutes for Japanese stocks to halve a strong start. The Nikkei 225 is up 0.25% after opening 0.55% higher. Japanese stocks are consolidating so far this month but November’s price action looks like the mother of all breakouts: For bank trade ideas, check out eFX Plus […]

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U.S. opens probe of phosphate fertilizer imports from Morocco, Russia

WASHINGTON (Reuters) – The U.S. Commerce Department said on Friday it had opened an investigation into whether producers of phosphate fertilizers in Morocco and Russia are receiving unfair subsidies. Last year, imports of phosphate fertilizers from Morocco were valued at about $ 729 million and from Russia at about $ 299 million, the department said […]

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Rift Opens Between Germany and France Over U.S. Tariffs

© Bloomberg. A row of Fiat Chrysler Automobiles (FCA) 2017 Crysler Pacifica minivan vehicles are displayed for sale at a car dealership in Moline, Illinois, U.S., on Saturday, July 1, 2017. Ward’s Automotive Group released U.S. monthly total and domestic auto sales figures on July 3. (Bloomberg) — Germany is willing to offer the U.S. […]

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