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FINANCE Tuesday 21st of June

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INTERNATIONAL: The CSX Index is currently at 490.54 Points down 4.05 Points or 0.82%

The Daily Exchange Rate: is 4,065KHR to the USD$


Oil prices rose on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns about a recession dampening demand going forward.

Brent crude futures rose 81 cents, or 0.7%, to $114.94 a barrel at 0703 GMT, adding to a 0.9% gain on Monday. The benchmark contract fell 7.3% last week in its first weekly fall in five.

U.S. West Texas Intermediate (WTI) crude futures for July, which expire later on Tuesday, rose to $111.19 a barrel, up $1.63, or 1.5%, from Friday's close. There was no settlement on Monday, which was a U.S. public holiday. WTI dropped 9.2% last week.


Stocks rose and the safe-haven dollar edged down on Tuesday as investors paused for breath after a steep selloff, but concerns remain about aggressive central bank interest rate hikes and risks of a global recession.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 1.3%, edging up from a more than five-week low hit and set for its best day in around two weeks. Japan's benchmark Nikkei average (.N225) gained 2.22%.

Gains were broadbased, but Chinese tech names were among the leaders with Hong Kong-listed firms (.HSTECH) up 1.9%.

European shares were also set to extend the previous day's gains with EUROSTOXX 50 futures up 0.6% and FTSE futures gaining 0.5%.

U.S. markets, which were closed on Monday for a holiday, looked set for a bigger pop at the open with S&P 500 e-mini share futures 1.63% higher and Nasdaq e-mini share futures advancing 1.76%.

Australia's S&P/ASX 200 index (.AXJO) climbed 1.45% and the Aussie dollar was little changed.

Spot gold traded nearly flat at $1,838.41 an ounce.

Bitcoin was at $20,629 having failed to break strongly above or below the psychologically significant $20,000 level in recent days.

That is all the latest news on finance tune in (on Monday) tomorrow for more. 

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