Markets ignore Saudi-led crude cuts

Concerns about a global economic slowdown impacting demand overshadow Saudi Arabia’s promised output cuts. The market sentiment has also been affected by rising fuel stocks in the US and disappointing Chinese export

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RBNZ is done, BoE has a lot to do

By Craig Erlam   It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation

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On the fence

By Craig Erlam   A relatively slow session so far in the middle of the week, with the focus very much still on the Federal Reserve and interest rates ahead of the Jackson

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Saudi opens new window for defence ties

A visit of Saudi Arabia’s Armed Forces chief to Cyprus opens a “new window of cooperation” between the two countries, Defence Minister Charalambos Petrides said. President Nicos Anastasiades received on Wednesday the

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