Home The BuzzMorning briefing: 27 Nov 2012

Morning briefing: 27 Nov 2012

by Executive Staff

Economics Brent crude rose above $111 per barrel on Tuesday as optimism coursed through financial markets after Greece's international lenders reached a deal on a new debt target, although worries about a looming US fiscal crisis kept a lid on gains. More from Reuters   Gold traded in a tight range above $1,748 an ounce on Tuesday, as traders moved to the sidelines after initially pushing up bullion by almost US$3 following a deal among Greece's international lenders to cut the country's long-term debt. More from Reuters   Dubai’s economy expanded 4.1 per cent from a year earlier in the first half of this year, official data showed on Monday, indicating the Gulf’s main trade and financial hub is holding up well in a weak global environment. More from Gulf Business   Qatar's sovereign wealth fund sold the last of the warrants it owns in Barclays on Monday, notching up

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