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US dollar advances in trading with ruble amid holiday lull

Bloomberg The US dollar and Russia’s ruble advanced in thin trading on a day when most markets worldwide are closed for a holiday. Saudi Arabian shares declined for a third straight day, with volume at 30 percent below the gauge’s 30-day average. Turkish stocks rose to the highest level in about seven weeks on a closing basis, while equities in ...

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Gulf quiet as Abu Dhabi’s Dana soars

Reuters Gulf stock markets were mostly quiet in moderate trading volumes on Monday as Abu Dhabi-listed Dana Gas jumped ahead of a court hearing on its effort to avoid redeeming $700 million of Islamic bonds. Abu Dhabi’s index edged up 0.3 percent as Dana jumped 13.2 percent; it was the market’s most heavily traded stock by far. A court in ...

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Kremlin sees ‘unbearable’ risk to US relations in new sanctions

Bloomberg The Kremlin is “concerned” about the possibility the US might further expand sanctions on Russia, presidential spokesman Dmitry Peskov said. “We don’t want to be in a situation where our bilateral relations, which are already in a rather pitiful state, could face even bigger and possibly unbearable risks and dangers,” Peskov told conference call on Monday. “We have concerns ...

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