BLOOMBERG.COM
Crude extended its advance, standing out amid range-bound global markets as investors await the latest Fed minutes and a meeting between Donald Trump and China’s Xi Jinping. Sterling rose as U.K. services grew faster than expected. Oil climbed before official data that’s expected to show U.S. inventories retreating from a record, and energy companies helped the Stoxx Europe 600 Index hold onto Tuesday’s gain as it struggled to find fresh momentum. The dollar was little changed, 10-year U.S. Treasuries edged higher and futures for the S&P 500 pointed toward a slightly lower opening. South Africa’s rand reversed gains after President Jacob Zuma survived calls to quit.
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Crude extended its advance, standing out amid range-bound global markets as investors await the latest Fed minutes and a meeting between Donald Trump and China’s Xi Jinping. Sterling rose as U.K. services grew faster than expected. Oil climbed before official data that’s expected to show U.S. inventories retreating from a record, and energy companies helped the Stoxx Europe 600 Index hold onto Tuesday’s gain as it struggled to find fresh momentum. The dollar was little changed, 10-year U.S. Treasuries edged higher and futures for the S&P 500 pointed toward a slightly lower opening. South Africa’s rand reversed gains after President Jacob Zuma survived calls to quit.
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