Oil Prices fall after 9 Day Winning Streak

Oil prices were also supported by comments from US Federal Reserve Chairman Jerome Powell on Thursday

US crude prices finished the week up 7.6 percent, their best showing in six months.

Gold prices rose on Wednesday, with spot gold XAU= rising 0.49 percent to $1,291.2 per ounce.

WALL STREET: U.S. stocks bounced back from a rocky start on Thursday, recording their fifth straight gain. But industrial companies rallied after USA negotiators said China had agreed to buy more energy and agricultural products and manufactured goods. Japan's Nikkei 225 index, which closed up 1.1 percent on Wednesday, retreated 1.3 percent to 20,157.72. He echoed the tone of other Fed officials who were present at a meeting last month. -China talks has lifted investor sentiment, global financial markets are still struggling to decipher what exactly may have been promised in their negotiations this week. A market-sensitive Fed is reassuring to investors who fear its tightening policies would send the USA economy into recession.

Markets were being supported by hopes that the trade war between Washington and Beijing may be resolved soon after officials said three-day talks this week concluded constructively and that further negotiations would likely follow this month.

Tightened supply following OPEC-led crude production cuts aided earlier 1 percent increases for both oil benchmarks, but concerns about the global economy kept markets in check. US markets snapped their stretch at five days, although they were up about two per cent for the week.

ANALYST'S TAKE: "While there was agreement on less thorny issues such as agriculture and energy, USA demands for verification and enforceable targets on intellectual property rights, transfer of technologies and non-tariff barriers may not be that easily addressed", DBS Group Research strategists Eugene Leow and Neel Gopalakrishnan said in a commentary.

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Death toll of Sudan protests rises to 24 Arab World 03:58
They also urged protests in Niyala and El-Fasher in Darfur , the first such rallies to be called in the region. Friday's protests appeared to have drawn more people than before and were more widespread.

Study details how high fiber diets make for healthier lives
Foods with a low glycaemic index or low glycaemic load may also contain added sugars, saturated fats, and sodium. But it adds that for people with an iron deficiency, high levels of whole grains can further reduce iron levels.

CHINESE INFLATION: On Thursday, China released consumer and producer inflation figures that missed the mark. Slowing inflation is not a good sign, as it raises questions about the health of the world's second largest economy.

However, both WTI and Brent crude posted weekly gains for a second week, with the USA crude up almost 8 percent and Brent climbing around 6 percent.

West Texas Intermediate slipped 0.5% after a rally on Wednesday brought crude's rebound from an 18-month low in December to 23%.

The Canadian dollar traded at an average of 75.42 cents United States compared with an average of 75.56 cents USA on Thursday.

US crude, which has jumped 15 percent in 2019, dropped 63 cents to USD$51.72 per barrel in electronic trading on the New York Mercantile Exchange. It gained 24 cents to $61.68 per barrel in London.

In currency markets, the dollar rose against the euro, boosted by technical factors after the euro hit key resistance levels. The Green Organic Dutchman Holdings increased 9.7 per cent, while Canopy Growth Corp. rose 1.93 per cent on the day and 33.8 per cent for the week.

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