English News
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Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation
KEY POINTS In an out-of-consensus forecast, Deutsche Bank is warning of a potential crisis coming from inflation. “The effects could…
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Asia-Pacific stocks mostly slip; Japan’s economy shrinks less than expected in the first quarter
KEY POINTS Revised government data released Tuesday showed Japan’s economy shrank 3.9% in the first quarter, an improvement from the…
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Dollar subdued as investors look to key U.S. inflation gauge
KEY POINTS The euro fetched $1.21915, bouncing back from its three-week low of $1.2104 set on Friday while the dollar…
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Oil falls again amid concerns over demand rebound
KEY POINTS Brent crude was down 11 cents, or 0.2%, at $71.38 a barrel by 0151 GMT, after declining 0.6%…
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European markets open higher ahead of euro zone growth, employment data
KEY POINTS European stocks opened higher Tuesday as investors look ahead to euro zone growth and employment data for the…
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Asia-Pacific stocks mixed; private survey shows Chinese factory activity expanding in May
KEY POINTS The Caixin/Markit manufacturing Purchasing Managers’ Index for May came in at 52, higher than April’s reading of 51.9.…
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Dollar in doldrums as traders ponder Fed policy path; sterling soars
KEY POINTS The dollar languished near multi-month lows versus major peers on Tuesday. The British pound rallied to a three-month…
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Gold hovers near 5-month peak on weaker dollar, inflation jitters
KEY POINTS Spot gold was steady at $1,907.54 per ounce by 0048 GMT. Last week, gold prices hit their highest…
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Brent hits $70 on demand prospects of U.S. summer driving season
KEY POINTS Brent crude futures for August gained 83 cents, or 1.2%, to $70.15 a barrel by 0223 GMT. U.S.…
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European markets climb as investors await key economic data
KEY POINTS Final IHS Markit manufacturing PMI (purchasing managers’ index) readings for May are due out of the euro zone…
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Oil prices stay firm amid expectations of demand outstripping supply
KEY POINTS Brent crude futures for August nudged up 7 cents, or 0.1%, to $68.79 a barrel by 0038 GMT…
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Gold stays above $1,900 per ounce after U.S. inflation data lifts appeal
KEY POINTS Spot gold was steady at $1,903.25 per ounce by 0036 GMT. U.S. gold futures edged 0.1% higher to…
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