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  • *Asia ex- Japan rises 0.6 pct; Nikkei slips on stronger yen. Britain's FTSE 100, Germany's DAX and France's CAC 40 all slipped 0.3-0.4 percent as trading in Europe got under way. "As far as the market mentality is concerned, as long as the oil price keeps weakening, this is going to tell us something about the underlying capacity of the global economy to generate...

  • *Little sign of concern at appreciation from Reserve Bank. *Eyes on Norges Bank statement due at 0800 GMT. LONDON, June 22- The New Zealand dollar was the main mover in an otherwise dormant market in major global currencies on Thursday, up half a percent after the countrys central bank made no clear effort to talk the currency down at a regular policy meeting.

  • Health care stocks led the market higher, continuing their strong recent run, after the Senate released its proposal to revamp how Americans get medical care. Benchmark U.S. crude rose 60 cents, or 1.4 percent, to $43.13 per barrel. Brent crude, the international standard, added 77 cents, or 1.7 percent, to $45.59.

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • *Shares dragged lower by financial, energy sectors. *U.S. crude prices hit 10- month lows. NEW YORK, June 21- Declines in financial and energy shares sent U.S. and European equity markets lower on Wednesday, weighed down in part by U.S. crude prices at 10- month lows, while the U.S.

  • U.S. crude futures settled at $42.53, down 98 cents or 2.3 percent, after touching a low of $42.13, the lowest intraday level since August 2016. "The market wants proof that OPEC cuts are shifting petroleum balances, and it's not getting it. Oil prices rose in late 2016 and early 2017 in response to the OPEC agreement, but weeks of surprisingly high inventory figures...

  • *Technical support for gold seen at $1,237. NEW YORK/ LONDON, June 21- Gold rebounded on Wednesday from a five-week low as an oil price slump pushed down stock markets and a weaker U.S. dollar made bullion cheaper for holders of other currencies. 3:27 p.m. EDT, while U.S. gold futures settled up 0.2 percent at $1,245.80.

  • *Investors await Reserve Bank of New Zealand rate decision. NEW YORK, June 21- The dollar slipped on Wednesday from a one-month peak against a basket of currencies on Wednesday, as losses on Wall Street stocks spurred some traders to book profits on gains tied to expectations of possibly another U.S. interest rate increase later this year. Sterling rose after the...

  • NEW YORK— Global liquor behemoth Diageo said Wednesday it will pay up to $1 billion to buy a tequila brand co-founded by movie star George Clooney. Diageo said it will pay $700 million for Casamigos at first, and then pay another $300 million over 10 years if the brand reaches certain performance milestones. This reflects Diageo's belief in our company and our...

  • Boris Becker declared bankrupt by British court

    Boris Becker has been declared bankrupt by a British court after he failed to pay a long-standing debt.

  • NEW YORK, June 21- Oil prices fell about 3 percent to a 10- month low in heavy trading on Wednesday, as nagging fears about the global crude glut fed a sell-off that was interrupted only briefly after news of a larger-than-expected drop in U.S. inventories. "The market wants proof that OPEC cuts are shifting petroleum balances, and it's not getting it.

  • LONDON, June 21- Copper rose on Wednesday in response to a retreat in the U.S. dollar from its recent peaks and evidence of tightening supply, while zinc hit a three-week high on longstanding concerns over potential supply constraints. "In China, because this is a year of change in the politburo the authorities are going to be reluctant to let growth slip off...

  • Sterling rose after a Bank of England's chief economist Andy Haldane said he expected to back a rate increase this year. The currency sagged on Tuesday after BoE Governor Mark Carney said now was not the time to raise UK interest rates after three policymakers had voted in favor of a hike last week. "The dollar will bump along just like this and perhaps strengthens...

  • *Shares dragged lower by financial, energy sectors. *Oil prices hover near seven-month lows. NEW YORK, June 21- Declines in financial and energy shares weighed on U.S. and European equity markets on Wednesday, while the U.S.

  • MILAN/ LONDON, June 21- Open Fiber, the Italian broadband infrastructure firm owned by utility Enel and state lender CDP, is set to get a 500 million euro bridge loan to help fund the fast internet network it is rolling out in Italy, three sources said on Wednesday. The company would then seek to put together a project finance package with banks worth about 3.5 billion...

  • *FTSE 100 down 0.3 pct at close. *Bright spots Whitbread, Centrica bolster FTSE. The FTSE hit a session low after Bank of England Chief Economist Andy Haldane signalled he would back a rise in interest rates in the second half of this year, which also sent sterling higher.

  • LONDON, June 21- Sterling rebounded from a two-month low on Wednesday, briefly trading back above $1.27, after Bank of England Chief Economist Andy Haldane signalled he would weigh in behind a rise in interest rates in the second half of this year. But it reversed those falls as the chief economist's speech was published, trading up as much as 0.6 percent on the day...

  • Brent crude futures fell 27 cents at $45.75 a barrel by 11:27 a.m. EDT, after touching seven-month lows at $45.53. "Updated inventory balances don't represent a game changer," said Anthony Headrick, energy market analyst at CHS Hedging LLC in Inver Grove Heights, Minnesota. Iranian oil minister Bijan Zanganeh said OPEC members were considering deeper cuts in...

  • NEW YORK, June 21- U.S. crude oil and gasoline stockpiles fell last week, while distillate inventories rose, the Energy Information Administration said on Wednesday. By 11:24 a.m., U.S. crude futures were down 10 cents at $43.41 a barrel and Brent crude fell 23 cents to $45.79 a barrel. The price gains in the report's immediate aftermath were hard to sustain because...