Yen's surge is a red flag for world marketsA gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge -- firing a warning shot for world markets and the global economy in 2019.
from Reuters: Business News https://reut.rs/2F6MB6m
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OPEC oil output posts biggest drop since 2017 on Saudi moveOPEC oil supply fell in December by the largest amount in almost two years, a Reuters survey found, as top exporter Saudi Arabia made an early start to a supply-limiting accord while Iran and Libya posted involuntary declines…Read More
Wall Street sinks 2 percent on weak factory data, Apple shockWall Street sank 2 percent on Thursday as weak U.S. factory data and the fallout of a rare sales warning from Apple Inc fanned fears of slowing growth and spurred the latest leg of a selloff that has sent indexes to their low…Read More
Oil dips in volatile trade; Saudi output cuts limit lossesOil prices edged lower in choppy trade on Thursday, pressured by concerns about slowing global economic growth that could dent demand for crude but drawing support from signs of output cuts by Saudi Arabia.
from Reuters:…Read More
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