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Japanese stocks closed higher on Monday, September 28, in light of greater demand for stocks whose cash dividends are due to expire this week, but US-Chinese tensions limited the gains. The Nikkei rose 1.32% to 2,3511.62 points, while the broader TOPIX index gained 1.69% to 1,661.93 points. All sub-sector indices …

Mohamed Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said on Sunday (September 27th) that oil stocks in the Organization for Economic Cooperation and Development countries in the first quarter of 2021 are expected to remain above their five-year average by a slight margin before falling below …

Russian Energy Minister Alexander Novak said that the global oil market has stabilized in the past few months and that the balance between supply and demand has been restored, while uncertainties continue, such as the rise in COVID-19 cases. He also said that talks about the possibility of transferring exports …

The Nikkei index rose in early trading on the Tokyo Stock Exchange on Monday, September 28th. Nikkei rose 0.81% to 23391.96 points, while the broader Topix index rose 0.74% to 1646.28 points.

Open interest in Gold futures markets shrunk by nearly 1.6K contracts on Friday, clinching the second drop in a row in light of preliminary figures from CME Group. Volume, in the same line, went down for the second consecutive day, now by almost 127K contracts.

The People’s Bank of China (PBOC) has set the yuan reference rate at 6.8252 versus Friday’s fix at 6.8121.

The New York Stock Exchange (NYSE) closed higher on Friday, despite uncertainties about the rising number of COVID-19 cases and concerns regarding a second wave of the pandemic. The Dow Jones Industrial Average rose by 358.5 points, or 1.34%, and closed at 27,173.96 points, but declined by 1.8% for the …

Oil prices declined on Friday, amid concerns about the rising number of COVID-19 cases spurring a negative outlook the global demand recovery. The decline also comes after data showed an increase in active oil rigs in the United States. Brent futures for November delivery closed lower by 2 cents, or …

Canada recorded a budget deficit of CAD 148.58 billion ($110.8 billion) during the first four months of fiscal year 2020/2021, compared with CAD 1.56 billion for the same period a year earlier, data showed on Friday.

Gold prices closed Friday in decline, extending its weekly losses to its worst level since last March. The yellow metal losses came amid the appreciation of the US Dollar (USD). Gold futures for December delivery decreased by $10.60, or 0.6%, and settled at $1,866.30 per ounce. For the week, the …