English News
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Oil slumps on jitters over vaccine efficacy
Oil prices tumbled more than 3% on Tuesday after Moderna’s CEO cast doubt on the efficacy of Covid-19…
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Euro on track for biggest three-day rising streak of 2021
The euro surged on Tuesday and was on track for its biggest three-day rising streak this year, as traders…
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European stocks fall amid omicron vaccine fears
KEY POINTS The reversal came after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against…
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Dollar wobbles, currencies partly pull back on Omicron shock moves
KEY POINTS Dollar edges higher after Friday’s drop Euro rises, yen steadies, Swiss franc falls . . The dollar strengthened…
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Gold steadies as COVID variant tempers rate hike expectations
KEY POINTS Dollar edges up, equities rebound More countries impose travel restrictions President Biden to give update on U.S. response…
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European markets climb despite global concern over omicron variant; Stoxx 600 up 1%
KEY POINTS The World Health Organization labeled the new omicron strain a “variant of concern” on Friday . The variant…
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Japan, Hong Kong drop more than 2% each as Asia-Pacific markets slip amid renewed Covid fears
KEY POINTS Stocks in Hong Kong and Japan led losses among Asia-Pacific markets in Friday trade . World Health Organization…
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Yen, franc surge as new virus variant rattles markets
The Japanese yen and the Swiss franc surged on Friday, while the Australian dollar and the Norwegian crown…
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Asia-Pacific stocks mixed; Bank of Korea announces rate hike
KEY POINTS Asia-Pacific shares were mixed on Thursday The Bank of Korea on Thursday raised its policy rate to 1%,…
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Dollar reigns as hawkish Fed stands out among central banks
The U.S. dollar traded at its highest in over a year to the euro and near a five-year…
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European markets edge higher despite Covid headwinds; Remy Cointreau up 11%
KEY POINTS European investors continue to monitor the acute Covid crisis in the region this week amid rising infections that have prompted…
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Asia-Pacific stocks mixed as tech shares drop after Biden renominates Powell as Fed chair
SINGAPORE — Shares in Asia-Pacific were mixed on Tuesday as investors watched for market reaction to U.S. President Joe Biden…
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