Liquidity was lacking, with Tokyo closed for a holiday.EMini futures for the S&P 500 were trading around 0.4 per cent firmer. "They may use the extension to lower their expectations for rates in 2017 and 2018, so that they end up with the same terminal level of rates, but just take longer to get there," said Marshall Gittler, head of investment research at FXPRIMUS. "In other words, a slower, more gradual pace of tightening. In that case, I would expect the dollar to weaken. Eastern Libyan forces said they had re-established control over two ports where an ousted faction launched a counterattack on Sunday, briefly seizing one terminal.Venezuelan President Nicolas Maduro was also reported as saying a deal between OPEC and non-OPEC members was "close" and he aimed to announce a deal to stabilise the market this month.Brent crude rose 79 cents to $46.55 a barrel, while US crude added 81 cents to stand at $43.84.

Source: Economic Times September 19, 2016 04:41 UTC