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May, 4, 2016

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Business > Global Markets
Oil prices eased Wednesday as traders reacted calmly to the Brussels attacks and kept their eye on global oversupply ahead of a crucial producers' meeting in Qatar next month.
 
The safe haven yen rose in Asia against the American dollar and the euro on Wednesday, after deadly bombings in Brussels claimed by the Islamic State group left around 35 people dead.
 
Global uncertainties will shave around 0.1 percentage point off growth in Germany this year, but Europe's economic powerhouse remains in a moderate uptrend, an expert panel said Wednesday.
 
European stocks rose Wednesday, largely recovering the losses that had followed the deadly bombings in Belgium, while Asian markets mostly fell moderately.
 
Tokyo stocks rose sharply on Tuesday, fueled by weakness in the yen, but broader Asian markets were subdued as last week's rally waned.
 
The American dollar held firm against the yen and the euro on Tuesday, after two Federal Reserve officials suggested the U.S. central bank may raise interest rates as soon as next month.
 
The American dollar held firm against the yen and the euro on Tuesday, after two Federal Reserve officials suggested the U.S. central bank may raise interest rates as soon as next month.
 
Oil prices resumed their rise in Asia on Tuesday, staying above US$41 a barrel, as OPEC raised hopes of a moderate rebound and announced a meeting of key producers in April.
 
The U.S. dollar strengthened against emerging market currencies in Asia on Monday as traders shook off the effects of a lower interest rate outlook from the U.S. Federal Reserve.
 
Global stocks mostly advanced on Friday after the Federal Reserve's decision on slowing the pace of rate hikes underpinned sentiment, boosting prices for oil and other commodities. But shares in Tokyo fell as the yen's strength worried investors.
 
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