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  • Oil falls to near $102 amid Gaza peace efforts Wednesday, 23 Jul 2014 | 5:35 AM ET

    The price of oil retreated to near $102 per barrel on Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of a heavy hit.

  • The European Union threatened Russia with harsher sanctions on Tuesday after the downing of the Malaysian airliner in Ukraine, straining the EU's relationship with the world's second-largest oil exporter.

  • However, the prospect of more sanctions against Russia over the Ukraine crisis and a downed Malaysian airliner kept risk aversion on the table in the bond market, where German 10- year yields nudged down to 1.16 percent, just shy of record lows.

  • *AkzoNobel, Capita and Telenor all rise after results. EDINBURGH, July 23- European stocks rose on Wednesday on the back of generally strong earnings despite investors' concerns over the possibility of fresh European Union sanctions against Russia over the Ukraine crisis.

  • European shares steady on mixed earnings, Ukraine caution Wednesday, 23 Jul 2014 | 3:23 AM ET

    EDINBURGH, July 23- European stocks held steady on Wednesday, stabilising after a surge in the previous session as traders digested mixed earnings and the possibility of fresh EU sanctions against Russia over Ukraine and the downing of a Malaysian airliner.

  • *EU threatens new sanctions on Russia. The European Union threatened Russia with harsher sanctions over Ukraine, while Israel pounded targets across the Gaza Strip with no ceasefire in sight. Brent crude for September delivery fell 27 cents to $107.06 a barrel by 0700 GMT, after slipping 35 cents in the previous session.

  • But a cautious mood was expected to return in early European trade, where spreadbetters predicted Britain's FTSE 100 to open 8 to 15 points lower, or down as much as 0.2 percent; Germany's DAX to open down 20 to 22 points, or 0.2 percent lower; and France's CAC 40 to open 5 to 6 points lower, or down 0.1 percent.

  • *EU threatens new sanctions on Russia. The European Union threatened Russia with harsher sanctions over Ukraine, while Israel pounded targets across the Gaza Strip with no ceasefire in sight. Brent crude for September delivery fell 11 cents to $107.22 a barrel by 0603 GMT, after slipping 35 cents in the previous session.

  • Nikkei edges down in choppy trade as investors avoid risk Wednesday, 23 Jul 2014 | 2:11 AM ET

    TOKYO, July 23- Japan's Nikkei share average edged down in choppy trade on Wednesday as investors sought to avoid geopolitical risk such as the Gaza crisis, dragging down index-heavyweight SoftBank Corp and exporters such as Honda Motor Co. The Nikkei ended 0.1 percent lower to 15,328.56.

  • FOREX-Dollar firms, euro cracks under rates pressure Wednesday, 23 Jul 2014 | 1:53 AM ET

    TOKYO/ SYDNEY, July 23- The dollar held close to a six-week peak against a basket of currencies in Asian trade on Wednesday, as the euro edged down to touch a fresh 2014 low on the diverging interest rate outlook for the U.S. and euro zone.

  • Brent holds steady above $107; U.S. oil stocks in focus Wednesday, 23 Jul 2014 | 12:33 AM ET

    EU threatens new sanctions on Russia. The European Union threatened Russia with harsher sanctions over Ukraine, while Israel pounded targets across the Gaza Strip with no ceasefire in sight. Brent crude for September delivery fell 6 cents to $107.27 a barrel by 0333 GMT, after slipping 35 cents in the previous session.

  • *Gold steady after overnight losses but holds above $1,300 Tensions over Ukraine, Gaza strip continue to support. SINGAPORE, July 23- Gold held steady on Wednesday in Asia after dipping overnight, and looked likely to hold above $1,300 an ounce in the near term as geopolitical tensions from crises in Ukraine and the Gaza strip brought safe-haven bids.

  • Violence continued in Gaza, but hopes rose for an easing of tension in Ukraine after pro-Russian rebels handed the flight recorders and victims' remains from a downed Malaysian airliner to international authorities.

  • Nikkei flat as investors avoid risk on Gaza worries Tuesday, 22 Jul 2014 | 10:03 PM ET

    *Ukraine tension eases but Gaza worries keep investors risk averse- analysts. TOKYO, July 23- Japan's Nikkei share average was flat on Wednesday morning as investors avoided risk due to geopolitical concerns in the Gaza Strip, which offset upbeat sentiment from gains in U.S. and European markets overnight.

  • SAN FRANCISCO, July 22- Apple Inc's iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.

  • SINGAPORE, July 23- Gold was steady in early Wednesday trade after dipping overnight, but looked likely to hold above $1,300 an ounce as geopolitical tensions from crises in Ukraine and the Gaza strip brought safe-haven bids.

  • NYMEX-U.S. crude falls to $102; inventories in focus Tuesday, 22 Jul 2014 | 8:35 PM ET

    SINGAPORE, July 23- U.S. crude dropped to around $102 a barrel in early Asian trade on Wednesday, falling for a second consecutive session with oil supplies unaffected by continuing violence in Iraq, Ukraine and Gaza. The report from U.S. Department of Energy's Energy Information Administration is due at 1430 GMT.

  • Violence continued in Gaza, but hopes rose for an easing of tension in Ukraine after pro-Russian rebels handed the flight recorder and victims' remains from a downed Malaysian airliner to international authorities.

  • DIARY - Emerging Markets Economic Events to Aug 5 Tuesday, 22 Jul 2014 | 8:02 PM ET

    July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.

  • FOREX-Euro finally gives in, Aussie eyes CPI test Tuesday, 22 Jul 2014 | 7:21 PM ET

    SYDNEY, July 23- The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lower overnight along with an eye-catching fall in the Swiss franc. Traders said there was no specific trigger although the weaker euro dovetailed nicely with expectations for the European Central Bank to ease policy further.