Asian Markets Gain, Nikkei Jumps 2% on Omicron Optimism.
Stocks across Asia - Pacific markets jumped on Tuesday, bouncing back from Monday losses on optimism that the omicron variant risk might not be as bad as feared.
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Oil Extends Gain 0.6% Backed by Delayed Return of Iranian Crude Supplies.
A delay in the return of the Iranian oil supply also supported prices. Indirect U.S.-Iran nuclear talks have hit roadblocks. Germany urged Iran on Monday to present realistic proposals in talks over its nuclear program.
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Market Report; 06 December 2021
Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) was higher compared to Friday's trading, with bonds valued at Kes 2.18 billion transacted in 63 deals
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Asian Markets Drop; Evergrande Plunges 20% on Debt Concerns.
Australia’s S&P/ASX 200 closed near the flatline to 7,245.10, also recovering from slight losses earlier. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.83%.
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Oil Prices Rally 2.4% as Saudi’s Top Exporter Raises Crude Prices
On Sunday, Saudi Arabia raised January official selling prices for all crude oil grades sold to Asia and the United States by up to 80 cents from the previous month.
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