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Stock markets are continuing a global sell-off that began on Wall Street on Thursday, spurred by fears of rising US interest rates
Experts anticipated drop in demand and prices ahead of refinery maintenance period but unplanned outages have reduced refinery runs ahead of schedule
Overall, the FTSE 100 index fell 0.7% to 6,681.46 in early trade at the start of August, a loss of 49 points; over July, it slipped 0.2%
Rupee is among main casualties of a resurgent dollar, with Indian currency touching a three-month low as investors reassess outlook for a US rate rise
US risks falling into the bad kind of inflation where wages fail to keep pace with rising prices, which is why the Fed is focused on the labour market
New rules outlined at the UK Budget this year on pensions will drive more people to ask: ‘how do I get my money?’
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