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FOREX-Dollar surges vs yen after OPEC deal, though questions linger

*Commodity currencies benefit from OPEC output cut deal. LONDON, Sept 29- The dollar hit an eight-day high against the safe-haven yen on Thursday after an OPEC deal to cut oil output spurred a move into riskier assets, though questions over the efficacy of the agreement left the greenback off its earlier highs. The currencies of oil-exporting countries such as...

Source: Reuters

GLOBAL MARKETS-Oil shares lift global stocks but crude dips after OPEC boost

*Oil company shares lift global stocks after OPEC deal. *India stocks, rupee fall on strikes on militants in Pakistan- controlled Kashmir. LONDON, Sept 29- An agreement by OPEC members to curb output boosted oil company shares on Thursday, lifted the currencies of crude-producing countries, and drove yields on low-risk government debt higher.

Source: Reuters

Europe faces profitability crisis, not bank crisis: Austria Fin min

Hans Joerg Schelling, Austria's finance minster, weighs in on the banking environment in Europe.

Source: CNBC.com

ECB started QE easing too late: Austrian fin min

Hans Joerg Schelling, Austria's finance minister, discusses the European Central Bank's monetary policy.

Source: CNBC.com

Fiscal expansion should be carefully targeted: Draghi

Mario Draghi, president of the European Central Bank, defends its policies on fiscal expansion.

Source: CNBC.com

Central bank independence will be protected: Greek MP

Giorgos Stathakis, Greek economy minister, discusses his government's relationship with its central bank.

Source: CNBC.com

Sterling steadies above $1.30, but gains seen capped

LONDON, Sept 29- Sterling held steady above $1.30 on Thursday, supported by improved risk appetite in global markets, although expectations that the Bank of England might further ease monetary policy in coming months checked gains. Sterling was flat at $1.3025, having struck a five-week low of $1.2915 on Sept. 23, its lowest since mid-August.

Source: Reuters

FOREX-Dollar surges vs yen as OPEC deal spurs risk rally

*Commodity currencies benefit from OPEC output cut deal. LONDON, Sept 29- The dollar rose 1 percent against the safe-haven yen on Thursday to hit an eight-day high as investors moved into riskier assets following an OPEC deal to cut oil output. The currencies of oil-exporting countries such as Canada and Norway surged after the deal late on Wednesday, but were all...

Source: Reuters

Dollar/yen extends gains, up 1 pct on day

TOKYO, Sept 29- The dollar extended gains versus the yen on Thursday, 1 percent on the day to 101.73 yen as the Japanese currency slipped on the back of recovery in risk appetite after OPEC unexpectedly agreed to trim production.

Source: Reuters

Nikkei surges on boost from weaker yen, surprise OPEC deal

TOKYO, Sept 29- Japan's Nikkei share average rose more than 1 percent on Thursday as investors cheered a weakening yen and rallying oil prices after OPEC's surprise deal to trim crude output. The Nikkei stock index ended up 1.4 percent, or 228.31 points, at 16,693.71. The dollar and the euro each soared about 0.9 percent against the Japanese currency.

Source: Reuters