Global money market funds are attracting significant inflows due to cautious central bank policies

Global money market funds are attracting significant inflows due to cautious central bank policies

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo acquires licensing rights Nov 3 (Reuters) – Investors poured large sums into global money market funds in the week to Nov. 1, seeking the safety of these assets ahead of key policy …

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Morning Deal: Fed Will Soften Juice Risk Appetite

Federal Reserve Chairman Jerome Powell speaks during a meeting of the Economic Club of New York in New York, U.S., October 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Nov 2 (Reuters) – A look at the day ahead in Asian markets from financial markets columnist Jamie McGeever. Asian markets are expected to open higher …

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Morning Deal: Dramatic Currency Swings in Japan, Bond Market Divergence

A worker holds samples of the new Japanese yen banknotes at the Bank of Japan’s National Printing Office banknote factory during a media event on the new banknotes to be introduced in 2024, Tokyo, Japan, November 21, 2022. REUTERS/Kim Kyung-Hoon/ File Photo acquires licensing rights Nov 1 (Reuters) – A look at the day ahead …

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Explainer: What is pushing the Nigerian naira to record lows?

Explainer: What is pushing the Nigerian naira to record lows?

A man counts Nigerian naira banknotes at a market in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing Rights ABUJA, Oct 27 (Reuters) – The Nigerian naira is on the brink of breaching the 1,000-per-dollar level after falling to an official record low of 999 last week, according to Refinitiv data tracking its …

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