Treasury yields fall on data, rate cut expectations; dollar gains

Treasury yields fall on data, rate cut expectations; dollar gains

NEW YORK/LONDON, Nov 29 (Reuters) – Treasury yields fell on Wednesday while the dollar gained and MSCI’s global stock index barely rose as U.S. Federal Reserve officials provided mixed messages on monetary policy while third-quarter data provided encouraging signs for the economy. In U.S. equities, the S&P 500 edged lower and Nasdaq dipped while the …

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Record numbers sit for China civil service exam, hoping for job security

Record numbers sit for China civil service exam, hoping for job security

BEIJING, Nov 27 (Reuters) – More than three million people took China’s annual civil service exam on the weekend, state media reported on Monday, a record number that underscores young people’s concerns about getting a secure job in a rocky economy. With stubbornly high youth employment in the world’s second-largest economy, the prospect of a …

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Asian shares dragged lower by China, Treasury yields climb

Asian shares dragged lower by China, Treasury yields climb

Photographers take photos near a large screen showing stock prices at the Tokyo Stock Exchange (TSE) after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights SYDNEY, Nov 24 (Reuters) – Asian shares were dragged lower by losses in China on Friday and in the absence of guidance from Wall …

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Explainer: What you need to know about Argentina’s presidential election run-off

Explainer: What you need to know about Argentina’s presidential election run-off

BUENOS AIRES, Nov 17 (Reuters) – Argentina will vote in a run-off presidential election on Sunday, with Peronist Economy Minister Sergio Massa taking on libertarian outsider Javier Milei to determine the future of the region’s second largest economy. Massa or Milei will replace outgoing center-left President Alberto Fernandez, also of the Peronist movement founded by …

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When is Black Friday and which deals are consumers looking for?

When is Black Friday and which deals are consumers looking for?

Nov 16 (Reuters) – Retailers are preparing for what they hope will be yet another record-setting global shopping spree on Black Friday, the fourth Friday of November, which this year is Nov. 24. Known for crowds lining up at big-box stores to pounce on doorbuster discounts during the early hours after American Thanksgiving, Black Friday …

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Oil prices hit 4-month low on concerns about U.S., Chinese economy

Oil prices hit 4-month low on concerns about U.S., Chinese economy

[1/2]Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo Acquire Licensing Rights U.S. front-month contract at discount to second month China Oct oil …

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Wall St rallies as cooling inflation boosts peak rate bets

Wall St rallies as cooling inflation boosts peak rate bets

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights U.S. headline, core CPI growth falls short of estimates Investors add to bets that Fed is done hiking rates Home Depot rises after beating profit estimates Indexes up: Dow …

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China’s consumer prices back in decline as recovery wobbles

China’s consumer prices back in decline as recovery wobbles

Customers select tomatoes at a stall inside a morning market in Beijing, China August 9, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights Oct CPI -0.2% y/y vs 0.0% in Sep Oct CPI -0.1% m/m vs +0.2% in Sep Oct PPI -2.6% y/y vs -2.5% in Sep BEIJING, Nov 9 (Reuters) – China’s consumer prices swung …

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Argentina peso at risk of another devaluation after election, Reuters poll shows

Argentina peso at risk of another devaluation after election, Reuters poll shows

A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration/File Photo Acquire Licensing Rights BUENOS AIRES, Sept 7 (Reuters) – Argentina’s troubled peso currency is at risk of suffering another devaluation after October’s presidential election or a potential second …

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BRICS expansion faces eleventh hour hurdle as divisions persist

BRICS expansion faces eleventh hour hurdle as divisions persist

BRICS leaders weighing expanding bloc Dozens of nations have expressed interest in joining Expansion could add clout to grouping Long-standing divisions resurfacing JOHANNESBURG, Aug 23 (Reuters) – A deal to expand the BRICS group of leading developing countries appeared stuck in eleventh hour negotiations at a leaders summit on Wednesday, threatening to undermine the bloc’s …

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