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GLOBAL MARKETS – Stocks on the rise, yields fall after the Fed signals possible interest rate cuts – agricultural commodities

* Fed keeps key interest rates steady, signaling possible reductions later this year * MSCI Global Stock Index rising, Wall Street indices rising * Fed decision following Draghi signs of ECB * US Dollar, Benchmark Returns Fall (Fed Decision Rewrite) By Lewis Krauskopf NEW YORK, June 19 (Reuters) – A measure of the global stock markets that contributed to gains …

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UPDATE 2-U.S. refiner Phillips 66 enters offshore oil export race -document, source – Agricultural Commodities

(Adds picture) By Collin Eaton HOUSTON, June 19 (Reuters) – U.S. Pat. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least eight other projects. shale oil to world markets, according to a memo and a source who is not to be named. The Bluewater Texas Terminal LLC project, signals another …

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COLUMN-World Economic Refrigeration Meets Oil Consumption: Kemp – Agricultural Commodities

(John Kemp is a Reuters market analyst.) The views expressed are his own.) * Chartbook: tmsnrt.rs/2XYglIn By John Kemp LONDON, June 19 (Reuters) – Global Oil consumption rose at the slowest rate since 2014, as higher prices and a substantial slowdown in production activity and freight activity weighed on fuel and petrochemicals. Consumption is expected to increase even more slowly …

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MIDEAST STOCKS-Abu Dhabi outperformed as most of the Gulf Mkts rose, while Saudi Arabia pulled back – Agricultural Commodities

* First Abu Dhabi to close Qatar * Nine out of twelve Saudi banks are declining * Saudis Mahara reaches the daily limit * 24 out of 30 stocks on Egypt's index slide By Ateeq Shariff June 19 (Reuters) - Abu Dhabi shares outperformed the Gulf The markets on Wednesday benefited from financials while Saudi Arabia snatched two days profits …

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Facebook conquers the world of cryptocurrency with the "Libra" coin

Facebook's new digital balance money is seen as a potential tool to bring cryptocurrency out of the shadows and into mainstream / AFP. By Wambui Waweru SAN FRANCISCO, USA, June 19 – On Tuesday, Facebook unveiled plans for a new global cryptocurrency named Libra, committed to providing a stable virtual money that lives on smartphones over a billion people without …

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UPDATE 2 – Oil wins hoping for a trade agreement between the US and China, ECB speaks of easing policy – Agricultural commodities

* The benchmarks rose after the strong gains in the last session. * Hopes for a Sino-US trade agreement grow. * The ECB is expected to open the door to future interest rate cuts. * Japanese trade data largely recede into the markets] * Interactive graph on US stocks: tmsnrt.rs/2XkQF8e (Add a comment, update prices) By Aaron Sheldrick TOKYO, 19 …

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GoBeba: Why ex-OLX boss still relies on eCommerce: The standard

"If someone believes in eCommerce to have enough market share to sit back and relax, he is very deceiving." There is no competition on the Kenyan e-commerce platform as none of us started scratching the surface, "says Peter Ndiang'ui. He is co-founder of the on-demand logistics platform GoBeba and former CEO of OLX, which closed its physical offices in Kenya …

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GLOBAL MARKETS – Asian stocks rise on fed-rate fever, trade in war hope – agricultural commodities

* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Nikkei Climbs 1.5% on Hope for a Moderate Fed Resumption of Trading Talks * Gold, oil commodities are rising due to reflation trading 19659002] By Wayne Cole SYDNEY, June 19 (Reuters) – Asian equity markets rallied on Wednesday as investors ventured to hope that the Federal Reserve would follow the leadership of the European …

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