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European markets tumble as U.S. bond yields surge; Stoxx 600 down 1.6%

KEY POINTS . . The benchmark U.S. 10-year Treasury yield surged back above 1.56%, briefly notching a three-and-a-half-month high as…

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Dollar inches toward one-year high as payrolls test looms

. . . The U.S. dollar edged back toward a one-year high versus major peers on Tuesday ahead of a…

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European markets close higher as banking and tech stocks rally; Greggs up 10%

KEY POINTS Skittishness in the U.S. market has been prompted by a recent jump in bond yields that has caused…

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Dollar sturdy after 4 consecutive weeks of advances

  The dollar consolidated gains against its rivals on Monday after four consecutive weeks of increases as widening concerns about the…

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OPEC+ sticks to plan for gradual output hike, oil price roars higher

    . OPEC+ agreed on Monday to stick to an existing pact to hike oil output by 400,000 barrels…

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European markets muted; China Evergrande trading halt watched

KEY POINTS Markets kicked off the first full trading week of the month focused on concerns around inflation, Federal Reserve…

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