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US stocks open lower

New York 14 -8-2019 SPA The US stock market opened lower today as bond market indicators signaled a renewed recession risk, erasing gains from the previous session stemming from Washington’s retreat from its latest tariffs on Chinese goods. The Dow Jones industrial average was down 244.83 points, or 0.93 percent, …

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Bahrain indices close on divergence

Manama 14 -08-2019 Bahrain General Index closed at 1,539.59 today, a decrease of 3.96 points from the previous closing, while the Bahrain Islamic Index closed at 753.84, up 4.46 points from the previous closing. The volume of shares traded amounted to two million and 845 thousand and 889 shares with …

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Oil prices are falling on fears of weak demand

Singapore 13 -8-2019 SPA Oil prices retreated today, extending the impact of the limited gains recorded in the previous session as expectations of a slowdown in demand in the face of hopes to support large producers of prices by reducing oil production. By 0643 GMT, Brent crude futures were down …

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Sterling rises above 2-year lows

London 12 -8-2019 SPA The British pound made gains during the morning session, compensating for the weekend losses that exceeded a two-year low against the US dollar. The pound traded in London’s financial markets today at 1.2079 against the greenback, compared with 1.2015 on Sunday evening. The pound fell on …

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