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U.S. 10-year Treasury yields held near a new four-month high above 3.10 percent after a $38 billion government debt sale on Tuesday. [nL2N1WB1C1]. Benchmark 10-year notes US10YT=RR last fell 6/32 in price to yield 3.0983 percent, from 3.078 percent late on Monday. The U.S. dollar weakened ahead of the Fed’s policy decision, as investors have already priced in two more interest rate increases this year and some in 2019, leaving little room for further currency gains. The dollar index .DXY fell 0.05 percent, with the euro EUR= up 0.18 percent to $1.1767.

NEW YORK (Reuters) - Oil prices rose Tuesday on global supply concerns following U.S, sanctions on Iran’s oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after U.S, President Donald Trump called again on OPEC to boost crude output, In a speech before the United Nations, Trump reiterated calls on the Organization of the Petroleum Exporting Countries to pump captain america comics pair cufflinks more oil and stop raising prices, Earlier, oil prices had surged on worries about global supply after U.S, sanctions on Iran’s oil exports take effect Nov, 4, Brent LCOc1 hit $82.55 per barrel, its highest since Nov, 10, 2014..

“It’s hard to believe that the Saudis won’t answer the call at some point, especially if prices tick much higher,” said John Kilduff, a partner at Again Capital in New York. “He’s going to be unrelenting in pressuring them.”. The so-called “OPEC+” group, which includes Russia, Oman and Kazakhstan, met over the weekend to discuss a possible increase in crude output, but the group was in no rush to do so. Mohammad Barkindo, OPEC secretary general, said in Madrid on Tuesday OPEC and its partners should cooperate to ensure they do not “fall from one crisis to another.”.

Brent crude futures settled up 67 cents at $81.87 a barrel, U.S, crude futures CLc1 rose 20 cents to $72.28 a barrel, close to the highest since mid-July, Global benchmark Brent is on course for its fifth consecutive quarterly increase, the longest stretch since early 2007, when a six-quarter run led to a record high of $147.50 a barrel, Trump captain america comics pair cufflinks also said in his speech that Washington will put more sanctions on Iran following oil sanctions in November, The sanctions are expected to have an immediate impact on exports from OPEC’s third largest producer..

“Iran will lose sizeable export volumes, and given OPEC+ reluctance to raise output, the market is ill-equipped to fill the supply gap,” Harry Tchilinguirian, global head of commodity markets strategy at French bank BNP Paribas, told the Reuters Global Oil Forum. Most of the potential supply shortfall has already been priced into the contract, Again Capital’s Kilduff said. The International Energy Agency forecast strong oil demand growth of 1.4 million barrels per day (bpd) this year and 1.5 million bpd in 2019, and said in its most recent report the market was tightening. [IEA/M].

MILAN (Reuters) - Michael Kors KORS.N agreed to captain america comics pair cufflinks buy luxury designer Versace for 1.83 billion euros ($2.15 billion) including debt on Tuesday, as the U.S, fashion group positions itself to take on larger European rivals, Michael Kors, whose namesake label is best known for its leather handbags, has made no secret of its ambition to widen its customer base and its portfolio of high-end brands after buying British stiletto-heel maker Jimmy Choo for $1.2 billion last year, The bet on Versace comes as the U.S, group looks to refresh the more downmarket image of the Michael Kors brand and recover some of its pricing power, The move is also aimed at reviving Versace, which returned to a net profit last year..

It is the latest in a string of foreign takeovers of Italian luxury brands in recent years. Milan-based Versace, known for its bold designs and its Medusa head logo, was one of a clutch of family-owned Italian brands cited as attractive targets at a time when the luxury industry is riding high on strong demand from China. “With the acquisition of Versace we have created one of the world’s leading fashion and luxury groups,” said John Idol, chairman and CEO of Michael Kors Holdings.

Michael Kors has agreed to buy all of Versace’s outstanding shares for a total enterprise captain america comics pair cufflinks value of 1.83 billion euros ($2.2 billion) to be funded in cash, debt and shares in Michael Kors Holding Ltd, which will be renamed Capri Holdings Ltd, Idol later ruled out any further acquisitions by Capri, which will focus on developing the three brands, Talks started before the summer, when Versace was on the radar of several investors, as Blackstone intended to exit the group, a source close to the deal said..

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