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Tops Market Sells Winning Take 5 Lottery Jackpot Ticket
BATAVIA, NY – A top-prize-winning TAKE 5 ticket worth $28,737.50 was sold in Batavia for the February 23 evening drawing, according to the New York Lottery. The winning ticket was purchased at…
Marketmind: Sobering start for 2024 markets
A look at the day ahead in U.S. and global markets from Mike Dolan A slight recalibration of interest rate cut hopes, background geopolitical jitters, a big week for U.S. labor stats…
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms got embroiled…
Higher forever? Markets see few rate cuts after 2024
By Yoruk Bahceli (Reuters) -Borrowers looking for relief from higher interest rates may be set for disappointment with financial markets indicating rates will stay elevated for years to come. However much they…
How China talked markets out of a run on the yuan
SINGAPORE (Reuters) -In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a sharp…
Analysis-How China talked markets out of a run on the yuan
SINGAPORE (Reuters) – In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a…
Heads of EU issue joint call for stronger euro, capital markets union
BERLIN (Reuters) – The heads of European Union institutions called for a strengthened euro and progress towards a capital markets union in a joint appeal that was published by Germany’s Funke Media…
Morgan Stanley’s outgoing CEO says markets will take off after rate cuts- FT
(Reuters) – Morgan Stanley’s outgoing CEO James Gorman said financial markets will “take off” once investors are sure the Federal Reserve has finished raising interest rates, the Financial Times reported on Friday.…
Inflation, not politics or markets, will determine Fed’s next move -Goolsbee
(Reuters) – Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan Goolsbee said…
Analysis-After wild year, euro zone is top pick of world bond markets
By Yoruk Bahceli (Reuters) – For investors who braved their ‘bonds are back’ call in a turbulent year, euro zone debt was the big winner and a souring economy with tighter purse…
Marketmind: Markets brazen Fed pushback, BOJ up next
A look at the day ahead in U.S. and global markets from Mike Dolan Despite a tentative pushback from central banks against what some see as excessive interest rate cut bets for…
ECB rate cut bets premature, markets have eased too much: Vasle
By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in…
Marketmind: Markets play ‘will they or won’t they’ on BOJ
A look at the day ahead in European and global markets from Wayne Cole. It’s been a subdued start to the week in Asia with the Nikkei leading losses and markets cautious…
Financial conditions loosen further in warning shot to euphoric markets
By Naomi Rovnick LONDON (Reuters) – Feverish speculation about future interest rate cuts has further loosened global financial conditions, storing up risks for euphoric stock and bond markets if central banks view…
Marketmind: Markets buoyant, Fed vigil almost over
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets will likely tread water on Wednesday ahead of the U.S. Federal Reserve’s latest interest rate decision,…
$200K Cash 5 Jackpot Ticket Sold at Oley Weis Markets
MIDDLETOWN, PA – A Pennsylvania Lottery Cash 5 with Quick Cash ticket sold at Weis Markets in Oley hit the jackpot in the Saturday, December 9 drawing. The ticket matched all five…
UAE markets end lower on decline in financial, industrial stocks
By Mohd Edrees (Reuters) – Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious ahead of…
Marketmind: Markets freeze for jobless recession gauge
A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying to read recessionary warnings from softening U.S. labor market signals all week, the outsize importance…
Marketmind: Japanese markets reel as BOJ flexes muscles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Signals from Federal Reserve and European Central Bank officials have been behind the eye-popping moves in world bond…
Yellen says markets anticipating Fed moves can be ‘helpful complement’ to monetary policy
By David Lawder MEXICO CITY (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that bond markets anticipating the Federal Reserve rate moves can be a “helpful complement” to monetary policy…
Dollar’s dominant grip on FX markets to loosen further: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The dollar will loosen its grip on other G10 currencies in 2024, with a dimmer outlook for the currency as the U.S. Federal Reserve was expected…
Markets outpacing the Fed may be in for a Christmas season scolding
By Howard Schneider WASHINGTON (Reuters) – After their meeting five weeks ago, U.S. Federal Reserve officials nodded to higher Treasury bond yields as something that could slow the economy and help their…
Analysis-Schnabel reconciles ECB with markets – until next fight
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has reconciled her institution with investors who have long bet the ECB is finished raising…
Analysis-Fiscal rules revamp may threaten calm in euro zone’s fragile bond markets
By Stefano Rebaudo (Reuters) – The recent calm in bond markets of the most indebted euro zone nations could quickly flip to turmoil in 2024 if investors already nervous about debt sustainability…
Marketmind: Buoyant markets hold near year’s highs
A look at the day ahead in U.S. and global markets from Mike Dolan After closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into…
Marketmind: Dovish Fed view courses through markets
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets are poised to start the week on the front foot, emboldened by Wall Street’s late rally…
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