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Stocks retreat, gold up with treasuries as dollar advances

  Bloomberg US stocks slipped with Treasuries, while gold advanced as caution rippled through markets after Federal Reserve Chair Janet Yellen all but assured investors that interest rates will rise next week. The S&P 500 Index slipped, with JPMorgan Chase & Co. warning that hawkish Fed rhetoric has increased the likelihood for a short-term pullback. The dollar and Treasuries were ...

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Gulf mixed as Arabtec buoys Dubai while ex-dividend Barwa hits Qatar

  DUBAI / Reuters Stock markets in the Gulf closed with mixed fortunes on Monday, with a rebound by financially troubled builder Arabtec boosting Dubai while Barwa Real Estate pulled down Qatar as the company went ex-dividend. Dubai’s index added 0.4 percent as Arabtec , the most heavily traded stock, surged 6.4 percent on the three-year recovery plan outlined by ...

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Without new projects, oil supply will lag demand after 2020

  HOUSTON / WAM Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency (IEA). The global picture appears comfortable for the next three years but supply growth slows considerably after that, according ...

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