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SINGAPORE, June 19 — The dollar firmed today, buoyed by safe-haven demand due to the looming threat of a broader conflict in the Middle East and possible US involvement, while investors weighed Federal Reserve Chair Jerome Powell’s cautionary tone on inflation.After a muted start in Asia hours, the dollar advanced across the board, weighing heavily on risk sensitive currencies after a report said US officials are preparing for the possibility of a strike on Iran in the coming days.The Australian dollar fell as much as 0.5 per cent but was...

May 7, 2025 3:58 PM ISTUS Stock Market Live: Russian Crude Production Below OPEC+ TargetRussia kept its crude oil production below the nation’s OPEC+ quota in April, according to people familiar with the data. Producers pumped 8.975 million barrels a day last month, almost unchanged from March levels, the people said, asking not to be identified because the information isn’t public. That’s 23,000 barrels a day below Russia’s target for April under the OPEC+ deal, including compensation for past overproduction. Compliance with the supply agreement of the Organization of the...

US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...