Thursday 25 August 2011

Brent crude steady near $110, lower stocks support

SINGAPORE: Brent crude steadied around $110 a barrel on Thursday, supported by reduced U.S. crude stocks and positive manufacturing data, countered by economic growth uncertainties.


A speech on Friday by Federal Reserve Chairman Ben Bernanke looks set to be the main event of the week for all markets, as investors wait to see if he will talk about more stimulus for the faltering U.S. economy.



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