Oil prices may surge above $80 on geopolitical instability

KUALA LUMPUR, Apr 30 (Agencies): Instability in the Middle East and other areas could trigger volatility in the oil market, leading to oil prices potentially overshooting above 80 U.S. dollars per barrel, said a Malaysian research house Monday. Maybank Investment Bank Research said in a report that based on past...

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Wheat climbs to seven-week high on US dry weather

SINGAPORE, Apr 30 (Reuters): Chicago wheat gained 0.8 per cent on Monday, rising to its highest since early March as concerns over dry weather in the U.S. southern Plains underpinned the market. Corn prices jumped to a nine-month peak, while soybeans hit a two-week high as cold and wet weather...

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News Briefs(1-5-2018)

Currencies firm marginally in pre-holiday tradeBUCHAREST/WARSAW, Apr 30: Central European currencies firmed mildly in thin pre-holiday trade on Monday, extending last week's gains across the board following benign economic signals from the United States and the European Central Bank (ECB). Bonds and currencies in the region have been recovering from...

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