Oil prices up 1.0pc on US storm and Israel-Iran fears
LONDON, Oct 10 (Reuters): Oil prices rose more than 1 per cent on Thursday, underpinned by a spike in fuel demand as a hurricane barrelled into Florida, with Middle East supply risks also in focus.Brent crude futures rose $1.20, or 1.6 per cent, to $77.78 a barrel by 1330 GMT....
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Gold extends gains as traders added to US rate cut bets
Gold prices extended gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest US economic data, reports Reuters.Spot gold was up 0.4 per cent at $2,617.15 per ounce as of 1345 GMT on track to snap a six-session...
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Cocoa declines on strong production data
LONDON, Oct 10 (Reuters): Cocoa futures on ICE fell on Thursday after strong production data from Ghana, the world's second-largest grower, while coffee steadied near recent lows as rains arrived in Brazil.March London cocoa lost 1.1 per cent to 4,752 pounds per metric ton by 1243 GMT.Ghana's graded and sealed...
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Delta Air forecasts Q4 revenue below estimates
CHICAGO, Oct 10 (Reuters): Delta Air Lines on Thursday forecast quarterly revenue largely below expectations in anticipation of slower travel spending against the backdrop of the upcoming US presidential election, sending its shares down 6.3 per cent before the bell.The carrier expects fourth-quarter revenue between $13.9 billion to $14.2 billion,...
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