SEOUL/SINGAPORE (Reuters) - Oil prices slipped on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed ongoing OPEC-led production cuts.
NEW YORK (Reuters) - A gauge of world stock markets recovered from early declines but was slightly lower on Tuesday as China cut its growth targets to a 30-year low but added more stimulus, while strong U.S. economic data sent the dollar to a two-week high.
SYDNEY/SEOUL (Reuters) - Oil prices fell nearly 1 percent on Wednesday as bullish output forecasts by two big U.S. producers and a build in U.S. crude stockpiles outweighed ongoing OPEC-led efforts to rein in crude production.
TOKYO (Reuters) - The dollar held gains against its peers early on Wednesday, thanks to higher U.S. yields and better-than-expected data, while its Australian counterpart took a knock after disappointing economic growth figures for last quarter.
OUTCOME OF
THE SPECIAL SENIOR OFFICIAL MEETING (SOM) OF THE INTERNATIONAL TRIPARTITE RUBBER COUNCIL (ITRC)
4 – 5 MARCH 2019
BANGKOK, THAILAND
- ITRC Senior Officials from Thailand, Indonesia and Malaysia under the framework of the International Tripartite Rubber Council (ITRC) met on 4 – 5 March 2019 in Bangkok to finalise the details of the 6thAgreed Export Tonnage Scheme (AETS) implementation. This meeting was a follow-up on the decision made by the Special ITRC Ministerial Committee Meeting (MCM) 2019 on 22 February 2019 in Bangkok, Thailand.
Asian stocks tracked U.S. shares lower as investors looked for details of a possible trade deal between the U.S. and China. The dollar edged higher and Treasury yields held declines.