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Monday 1 September 2025

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Context on Markets
News Post-Brexit global equity loss of over $2 trillion worst ever: S&P

The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor's Dow Jones Indices.

  • June 26, 2016
News Sterling, global stocks rise as markets bet Britain will remain in EU

Sterling climbed to a 2016 high and global stocks rallied as investors bet Britons were likely to vote to remain in the European Union.
Oil prices rose, shrugging off a smaller-than-expected draw in U.S. crude stockpiles, and the safe-haven yen fell against the dollar as the last pre-vote opinion polls showed the "Remain" camp holding a small lead.

  • June 23, 2016
News EU agrees extending Russia economic sanctions, formal decision pending: sources

The European Union's Brussels envoys agreed on Tuesday to extend until the end of January the energy, financial and defense sanctions on Russia over the conflict in Ukraine, but formal approval is still pending, diplomatic sources said.

  • June 22, 2016
News With oil price near $50, resilient U.S. shale producers eye new chapter

Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.

  • June 20, 2016
News Heavy trading predicted around Brexit vote

U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union.

  • June 19, 2016
News Kurds ready for new oil deal with Baghdad if they get $1 billion a month

Iraq's Kurds said they are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports if it guarantees them monthly revenue of $1 billion, more than double what they make currently from selling oil.

  • June 15, 2016
News Turkey bans sale of some fertilisers after bomb attacks

Turkey has banned the sale of fertilisers containing ammonium nitrate, which can be used in explosives, after at least half a dozen car bomb attacks this year, the agriculture minister said on Thursday.

  • June 9, 2016
News As Iran's oil exports surge, international tankers help ship its fuel

More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.

  • June 6, 2016
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