English News
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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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Dollar set for best week since June on expected Fed tightening
The dollar began the last quarter of 2021 near its highest levels of the year, and was…
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European markets pare losses, but remain subdued as inflation fears weigh
KEY POINTS . .Global markets have been roiled by fears of high inflation, slowing growth and rising rates . .…
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Dollar stands tall as traders brace for tapering
The dollar was flying high on Wednesday and hit a 2021 peak against rival currencies even though arguing in Washington…
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European markets attempt to bounce back after U.S. sees rate-induced sell-off
KEY POINTS Europe investors are closely watching movements in U.S. markets after the tech-heavy Nasdaq Composite dropped 2.83% to 14,546.68…
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Rising U.S. yields push dollar higher; yen falls to three-month low
The U.S. dollar rose to its highest in more than five weeks and the Japanese yen dropped versus both dollar…
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European markets pull back as tech stocks fall sharply; Stoxx 600 down 1.3%
KEY POINTS . . Stocks in Asia-Pacific mostly declined in Tuesday trade, as various firms downgraded China’s GDP forecasts amid…
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Risk FX rallies, safe havens offered as Evergrande fears ebb
KEY POINTS . The yen weakened as far as 110.81 per dollar, matching a low on July 7,…
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Gold prices ease on uptick in U.S. Treasury yields
KEY POINTS . . Spot gold was down 0.1% at $1,747.99 per ounce by 1158 GMT . . . U.S.…
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