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Latest News

  • Oil prices fall on U.S. holiday after eight days of gains

    4 Jul 2017 12:22 PM |

    By Reuters : Oil prices fell on Wednesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running out of steam.

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  • Asian shares stumble as North Korea fires missile into Japanese waters

    4 Jul 2017 09:25 AM |

    By Reuters : Asian shares turned lower on Tuesday as earlier gains were quashed by tensions on the Korean peninsula after North Korea fired a missile that landed in Japanese waters, deepening concerns over the isolated nation's nuclear capabilities.

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  • Expect one more US rate hike this year even if Ivanka Trump is leading the Fed, UBS economist says

    3 Jul 2017 11:58 AM |

    By CNBC : The Federal Reserve has locked itself into a strategy to raise rates one more time this year despite whoever is leading the central bank, a global economist at UBS Wealth Management said.

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  • Asian stocks start new month on steady footing, bonds pressured

    3 Jul 2017 09:09 AM |

    By Reuters : Asian stocks hardly budged on Monday on the first day of a new quarter while expectations of credit tightening by the world's major central banks kept global bond markets under pressure.

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  • Dollar despairs on hawkish central banks, Asia stocks join global slump

    30 Jun 2017 09:35 AM |

    By Reuters : The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, the euro and the Canadian dollar, while Asian shares were hit by dismal performances of European and U.S. markets.

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  • Mixed messages from Bank of England confuse markets but push sterling above $1.30

    29 Jun 2017 04:48 PM |

    By CNBC : A slightly more hawkish tone from Bank of England (BOE) Governor Mark Carney on Wednesday has prompted the U.K. currency to move back above the psychologically critical $1.30 mark in Thursday's session.

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  • Senate Republicans struggle to salvage healthcare effort

    29 Jun 2017 12:41 PM |

    By Reuters : The top U.S. Senate Republican struggled on Wednesday to salvage major healthcare legislation sought by President Donald Trump, meeting privately with a parade of skeptical senators as critics within the party urged substantial changes.

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  • Dollar upended by rates reversal, stocks unfazed for now

    29 Jun 2017 09:20 AM |

    By Reuters : The dollar shuddered to its lows for the year on Thursday as a drumbeat of hawkish comments from major central banks signaled the era of easy money might be coming to an end for more than just the United States.

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