Crude Oil up 1% as markets re-open   


Sep 23 (Lagos) - Mideast tensions and worries about oil supplies helped Brent crude futures jump 1%, or 64 cents, to USD 64.92 a barrel, while U.S. crude futures rose 0.98%, to USD 58.66 a barrel as tensions remained high in the middle east. 


Markets opened lower in Hong Kong by 0.8% as tensions remained high due to the pro-democracy protesters. China's shanghai index declined more than 1% as analysts worry about the lack of clarity on the trade deal with US.


Japan's NEKKEI is up 0.16% so far today.


In India the stock markets opened higher by almost 2% adding to the 5% gain of Friday. This is after the huge 'howdy Modi' event in Houston which attended by US President Donald Trump. More than 50,000 people filled up the cowboys stadium in Houston, Texas yesterday for the event.  The two leaders pledged to increase investments and also tackle the threat of 'radical Islamic terrorism' which was a veiled reference to Pakistan which is a known worldwide as a incubator of terrorism. All major US banks increased outlook of Indian markets on the back of reduction in corporate tax announcement of last week. Facebook said they are targeting 1 billion annual revenue from India. 







reporting for easykobo.com on Monday, Sep 23 2019 from Lagos, Nigeria
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