Monday, 27 May 2019

Asia Stocks Edged Up Early On Monday, And The Euro Was Confined

Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc.

Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but Brent remained below USD 70 per barrel on concerns over an ongoing trade war between the United States and China.

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