KUALA LUMPUR (Reuters) – Malaysia’s central bank said on Tuesday it will intervene in the foreign exchange market to stabilise the ringgit currency, citing what it called “excessive” recent losses. …
Markets
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Drug Use Worldwide Hits Staggering Record High As Cocaine, Meth Markets Boom
Drug Use Worldwide Hits Staggering Record High As Cocaine, Meth Markets Boom Erinn Broadus on June 26, 2023 There were 296 million people worldwide who used drugs in 2021, a …
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A look at the day ahead in U.S. and global markets from Mike Dolan. More perplexed by events than anything else, world markets stayed relatively calm on Monday after a …
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A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session screens on Friday as markets took a hot Japanese inflation …
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By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor for Finance & Markets, Americas. The week’s main attraction, Fed …
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UK inflation shock rocks markets as investors eye more rate hikes
by Reutersby ReutersBy Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Investors on Wednesday ramped up bets on the Bank of England raising interest rates by a hefty half a percentage point …
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Analysis-US Treasury bond spree could jolt markets if leveraged bets unravel
by Reutersby ReutersBy Davide Barbuscia NEW YORK (Reuters) – An expected surge in Treasury bill issuance could throw a wrench into the gears of hedge fund trades that have resulted in record …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A deepening sense of caution descends over Asian markets as …
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Bankers see stable interest rates reviving Asia’s capital markets in second half
by Reutersby ReutersBy Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in …
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Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
by Reutersby Reuters(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a note from strategists at Goldman Sachs cited in a Bloomberg …
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By Naomi Rovnick LONDON (Reuters) – If you looked at red-hot stock markets without following central banks, you could well assume interest rates are being cut. Of course, they are …
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Volkswagen to face investor grilling on China, costs at capital markets day
by Reutersby ReutersBy Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets …
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U.S. hotel markets recover from the pandemic; San Francisco an outlier
by Reutersby ReutersBy Doyinsola Oladipo NEW YORK (Reuters) – A snapshot of 15 major U.S. hotel markets shows that travel to cities is rebounding, with one notable exception: San Francisco. Several hotel …
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By Naomi Rovnick and Harry Robertson LONDON (Reuters) – Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest a note of …
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Recession risks still loom for markets calmer after banking turmoil
by Reutersby Reuters(Reuters) – The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a …
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(Reuters) – A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s a big week for markets with interest rate decisions from the three major …
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A look at the day ahead in European and global markets from Ankur Banerjee After surprise interest rate hikes from the Reserve Bank of Australia and Bank of Canada, investors …
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Investors channel billions into emerging markets, but China drops again-IIF
by Reutersby ReutersBy Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a …
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Financial Markets Brace For America’s New Trillion Dollar Debt Binge
Financial Markets Brace For America’s New Trillion Dollar Debt Binge Will Kessler on June 7, 2023 U.S. financial markets are bracing for an influx of more than $1 trillion in …
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A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed, world markets see the sky again – encouraged that robust …
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Marketmind: Markets feel Friday cheer as signs point to Fed pause
by Reutersby ReutersA look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising expectations the Federal Reserve will stand still on interest rates …
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By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A decline in labour growth and expected fall in the working age population will be a drag on emerging economies …
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FRANKFURT (Reuters) – Policy normalisation by the Bank of Japan could test the resilience of global bond markets, the European Central Bank warned on Wednesday in an unusually strong message …
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By Nell Mackenzie and Harry Robertson LONDON (Reuters) – Wall Street was tipped for a strong open on Tuesday, while the cost of insuring against a U.S. debt default fell …
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(Reuters) – Binance has appointed Richard Teng to head its regional markets outside the United States, at a time when the world’s largest cryptocurrency exchange has been facing scrutiny from …