*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...
*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.
Hans Joerg Schelling, Austria's finance minster, weighs in on the banking environment in Europe.
Hans Joerg Schelling, Austria's finance minister, discusses the European Central Bank's monetary policy.
Mario Draghi, president of the European Central Bank, defends its policies on fiscal expansion.
Giorgos Stathakis, Greek economy minister, discusses his government's relationship with its central bank.
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.
*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...
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.
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.