English News
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Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low
KEY POINTS The dollar rose to a two-decade peak against the yen and kept close to a two-year high to…
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Mainland Chinese shares slip after China’s surprise decision not to cut interest rates
KEY POINTS . China on Friday did not lower interest rates despite expectations for more stimulus given the Covid-induced slowdown.…
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China stocks jump amid hopes of policy support ahead; Singapore, South Korea tighten monetary policy
KEY POINTS Shares in Asia-Pacific were mixed on Thursday, with mainland Chinese stocks among the biggest gainers regionally amid hopes…
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Dollar gains on euro as ECB seen in no rush to hike rates
The dollar gained on the euro Thursday, as comments from European Central Bank chief Christine Lagarde were taken…
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Oil edges higher ahead of long weekend on Russian supply woes
KEY POINTS Brent futures were up 42 cents, or 0.4%, at $109.17 a barrel, while U.S. West Texas Intermediate futures…
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Gold on course for weekly gain as Ukraine, inflation boost safe-haven bids
Gold inched lower on Thursday but prices were set for a second consecutive weekly gain as the Ukraine…
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European stocks rise as ECB confirms end of bond buying; Ericsson down 8%
KEY POINTS . ECB kept its monetary policy unchanged but confirmed the end of its bond buying in the third…
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European stocks close mixed after inflation data; ECB meeting on horizon
KEY POINTS U.S. consumer prices rose by 8.5% in March from the previous year — the highest level since 1981…
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Gold scales 1-month peak as inflation angst bolsters appeal
Gold prices hit a one-month high on Wednesday, driven by demand for a hedge against soaring inflation amid…
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U.S. dollar climbs to near 20-year peak vs yen as more Fed hikes loom
The U.S. dollar soared to a nearly 20-year high against a sluggish yen on Wednesday, as aggressive tightening from the…
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Oil prices up over 3% despite big U.S. crude stock build
Oil prices rose on Wednesday as investors grew more discouraged about peace talks between Russia and Ukraine, feeding…
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European markets close lower as investors watch inflation, monetary policy; SocGen up 5%
KEY POINTS Global investors will be watching the U.S. consumer price index reading for March on Tuesday and producer price…
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