Fed Hikes Interest Rates To Highest Levels In 15 Years John Hugh DeMastri on February 1, 2023 The Federal Reserve raised its target federal-funds interest rate by a quarter percentage …
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By Laura Sanicola (Reuters) – U.S. crude inventories rose last week as demand for fuels tapered off, and while the increase was less than expected, crude stocks reached the highest …
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(Reuters) -Canadian miner Barrick Gold Corp on Tuesday reported a 13.4% sequential rise in gold production in what could be its highest quarterly output last year, driven by strong performances …
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By Yoruk Bahceli AMSTERDAM (Reuters) – The Netherlands expects to borrow 101.5 billion euros ($107.8) on the debt markets next year, the most since 2012, and its funding needs are …
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By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is likely to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, amid a continued …
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BERLIN (Reuters) – Investor morale in the euro zone rose this month to its highest level since June on hopes that mild winter weather and sufficient gas in storage may …
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BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, central bank data showed on …
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By Will Dunham WASHINGTON (Reuters) – The powerful Jan. 15 underwater eruption of Tonga’s Hunga Tonga-Hunga Ha’apai volcano in the South Pacific produced a plume that soared higher into Earth’s …
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Inflation Just Hit The Highest Level On Record In the EU John Hugh DeMastri on October 31, 2022 Inflation in the eurozone, the subset of 19 European Union nations that …
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Mortgage Rates Spike To Highest Level In Over 20 Years Bronson Winslow on October 26, 2022 Mortgage rates have continually increased for 10 straight weeks, with current 30-year fixed rates …
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COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 0.60 percentage points to 1.25% on Thursday to its highest level in thirteen years, following a rate hike …
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FRANKFURT (Reuters) – European Central Bank raised interest rates for the third meeting in a row on Thursday and signalled an intention to start mopping up cash from the banking …
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(Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data …
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Initial Jobless Claims At Highest Level Since August John Hugh DeMastri on October 13, 2022 Initial jobless claims hit their highest level since August, the Department of Labor reported …
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By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s inflation rate likely eased slightly in September to 6.7%, a Reuters poll of analysts showed, but remained stubbornly high overall, supporting forecasts …
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LONDON (Reuters) – The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s …
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LONDON (Reuters) – The number of company insolvencies in England and Wales hit its highest level in the April-June period in nearly 13 years as surging energy prices took their …
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(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since August 2008, data from the Mortgage Bankers Association (MBA) showed on …
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By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50%, its highest level yet and more than forecast, …
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LONDON (Reuters) -Yields on British government debt surged to new multi-year highs on Tuesday, led by 20 and 30-year bonds, adding to their steep climb since finance minister Kwasi Kwarteng …
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LONDON (Reuters) – Sterling volatility surged on Monday to its highest since the fallout from the Brexit referendum in mid-2016, after the British government’s fiscal plan alarmed investors and sent …
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(Reuters) – U.S. 30-year fixed-rate mortgages rose to 6.29% on Thursday, the highest level since 2008, according to Freddie Mac’s mortgage market survey. Last week, rates averaged 6.02%. A year …
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By Karen Brettell NEW YORK (Reuters) – Two-year Treasury yields hit 4% on Wednesday for the first time since 2007 before the Federal Reserve is expected to hike interest rates …
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LONDON (Reuters) – British two-year and five-year government bond yields rose to their highest since late 2008 on Wednesday, ahead of expected interest rate increases from the U.S. Federal Reserve …
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(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising …