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  • TOKYO- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy at Keio University- 0200 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Global Economic Issues" before panel at the "Voices of Experience: A Conversation with Former Treasury Under Secretaries for International...

  • TOKYO- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy at Keio University- 0200 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Global Economic Issues" before panel at the "Voices of Experience: A Conversation with Former Treasury Under Secretaries for International...

  • LONDON, May 24- Ministers from OPEC and non- OPEC oil exporters are meeting in Vienna today and tomorrow to decide whether to extend production cuts that have been in effect since the start of the year. But with oil traders focused on Vienna, it is worth asking whether the cuts agreed by OPEC on Nov. 30 and non- OPEC on Dec. 10 have had any significant impact on prices so far.

  • Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain.

    Jason Schenker at Prestige Economics says a spoiled deal scenario between members seems wildly unlikely.

  • *OPEC, other producers to discuss oil output in Vienna. *High inventories, rising U.S. output undermining OPEC limits. NEW YORK, May 24- Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether...

  • *Treasury yield curve flattens, Wall Street stocks rise. *Global shares recover after China downgrade. NEW YORK, May 24- Wall Street rose, while the U.S. dollar and bond yields fell on Wednesday after Federal Reserve meeting minutes signaled a gradual approach to interest rate hikes, and oil prices dipped on a draw of U.S. gasoline stocks that was smaller than...

  • *Treasury yield curve flattens, Wall Street remains higher. While the yield curve flattened, Wall Street remained slightly higher and the dollar slipped after minutes from the Fed's May 2-3 meeting indicated it would gradually raise interest rates and reduce its bond reinvestment. "Their plan is in place to gradually phase out reinvestments beginning in the...

  • *OPEC meets on Thursday to decide output policy. VIENNA, May 24- OPEC and non-member oil producers are set to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global stocks overhang and prop up crude prices. But hopes quickly faded after a joint OPEC and non- OPEC committee recommended keeping the curbs unchanged for nine months.

  • Under the current agreement that started on Jan. 1, OPEC and other producers including Russia pledged to cut output by almost 1.8 million barrels per day during the first half of the year. "Perhaps more so than in the recent past, the oil market is data dependent, waiting on the tangible signs of declines in visible oil stocks and exports before buying into OPEC...

  • *OPEC meets on Thursday to decide output policy. VIENNA, May 24- OPEC and non-member oil producers will debate on Thursday a proposal to extend output cuts by as long as 12 months in a move to help clear a global stocks overhang and prop up prices. But hopes quickly faded after a joint OPEC and non- OPEC committee recommended keeping the curbs unchanged for nine months.

  • *OPEC, other producers to discuss oil output in Vienna. *High inventories, rising U.S. output undermining OPEC limits. NEW YORK, May 24- Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether...

  • *Loonie touches its strongest since April 24 at C $1.3430. TORONTO, May 24- Canada's dollar strengthened to a one-month high against its U.S. counterpart on Wednesday after the Bank of Canada was more upbeat about the economy than some investors expected and as major oil producers looked set to possibly extend production cuts. "It's probably a bit more positive...

  • According to an EU paper, member states will be asked to decide on new homes for the European Medicines Agency and the European Banking Authority by October 2017. Leading contenders to house the EMA are already jockeying for position, with Spanish Health Minister Dolors Montserrat setting out the case for Barcelona to host the agency during a visit to Brussels...

  • LONDON, May 24- Ministers from OPEC and non- OPEC oil exporters are meeting in Vienna today and tomorrow to decide whether to extend production cuts that have been in effect since the start of the year. But with oil traders focused on Vienna, it is worth asking whether the cuts agreed by OPEC on Nov. 30 and non- OPEC on Dec. 10 have had any significant impact on prices so far.

  • *OPEC, other producers in Vienna to discuss oil output. *High inventories, rising US output undermining OPEC limits. NEW YORK, May 24- Oil prices were little changed on Wednesday as investors awaited official data on inventories in the United States and the outcome from Vienna where ministers from OPEC and other exporting countries were discussing whether to...

  • *OPEC meets on Thursday to decide output policy. The Organization of the Petroleum Exporting Countries meets in Vienna on Thursday to consider whether to prolong the accord reached in December in which OPEC and 11 non-members agreed to cut oil output by about 1.8 million barrels per day in the first half of 2017.. Two OPEC sources told Reuters a ministerial...

  • *Canadian dollar at C $1.3512, or 74.01 U.S cents. TORONTO, May 24- The Canadian dollar was little changed against its U.S. counterpart on Wednesday, holding onto recent gains ahead of an interest rate decision by the Bank of Canada and a possible extension of oil production cuts by major producers. barrel as investors waited for news from Vienna, where ministers...

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...

  • *OPEC- led cuts initially agreed for six months to June. That's the question OPEC and oil markets are grappling with before Thursdays meeting of producer countries in Vienna. The cuts were initially agreed to run during the first half of 2017. OPEC and other producers, including Russia, are now expected to agree to extend the deal on Thursday, possibly for nine more...