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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Oil falls more than 1% on weaker economic outlook

Oil falls more than 1% on weaker economic outlook

[1/2]In an illustration taken on September 4, 2022, you can see the word “oil” and a stock chart through a magnifying glass. REUTERS/Dado Ruvic/Illustration/File Photo Acquisition of licensing rights Investors are monitoring the development of the Israel-Hamas conflict US oil stocks increased more than expected – EIA Macroeconomic concerns weigh in NEW YORK, Oct 26 …

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China’s new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

China's new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

In an illustration taken on February 10, 2020, Chinese yuan banknotes can be seen behind a highlighted stock market graph. REUTERS/Dado Ruvic/Ilustracja Acquisition of licensing rights BEIJING, Oct 25 (Reuters) – China’s new government bonds will help shore up the economic recovery, China’s Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s stepped-up …

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Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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Visa’s profit beats estimates for post-pandemic travel growth

This photo shows Visa credit and debit cards, taken on August 2, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights Cross-border freight volumes are growing due to continued travel demand The strong results signal consumer resilience Visa’s Q4 adjusted EPS of $2.33 beats estimates of $2.24 Oct 24 (Reuters) – Card giant Visa (VN) beat estimates …

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Most Gulf markets gain ahead of US economic data

Most Gulf markets gain ahead of US economic data

Electronic boards showing stock market information at the Dubai Stock Exchange, United Arab Emirates, November 5, 2020. REUTERS/Abdel Hadi Ramahi/File photo Acquisition of licensing rights Oct 24 (Reuters) – Most major Gulf exchanges traded higher on Tuesday as economic data is expected to provide guidance to the U.S. Federal Reserve on its next steps, although …

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Argentina goes to the polls in the face of a severe economic crisis

Argentina goes to the polls in the face of a severe economic crisis

Workers load ballot boxes and voting materials into a truck ahead of the presidential election, Buenos Aires, Argentina, October 21, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 22 (Reuters) – Argentines will go to the polls on Sunday to vote in a general election in the shadow of the South American country’s …

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Foreign holdings of US Treasuries in August hit the highest level since December 2021 – data

Foreign holdings of US Treasuries in August hit the highest level since December 2021 - data

The bronze seal of the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing Rights NEW YORK, Oct 18 (Reuters) – Foreign holdings of U.S. Treasuries rose to their highest level since December 2021 in August, Treasury Department data showed on Wednesday, …

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