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UPDATE 2-France revises up 2024 deficit target, announces more spending cuts
Reuters via Yahoo Finance· 2 months agoFrance, the euro zone's second-biggest economy, will overshoot its budget deficit target for a second straight year in 2024 and plans to seek a further 10 billion euros ($10.76 billion) in cuts ...
Analysis-East Europe's next inflation problem: wages racing with prices
Reuters via Yahoo News· 2 years agoWith prices surging, 24-year-old Noemi Turi presented her employer in Budapest with a pay request...
FOREX-Sterling crumbles to all-time nadir, euro at 20-year low
Reuters via Yahoo Finance· 2 years agoSterling crashed to a record low on Monday as traders scampered for the exits on mounting concern that the new government's economic plan will stretch Britain's finances to the limit. The British ...
India spending forex reserves at quicker pace than during taper tantrum
Reuters via Yahoo News· 2 years agoIndia's central bank is using up its foreign exchange reserves at a quicker pace than during the...
FOREX-Dollar suffers PMI hangover, Aussie jumps on inflation surprise
Reuters via Yahoo Finance· 1 month agoThe dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese officials stepped up intervention ...
RPT-COLUMN-Markets wary of overstretch as much as overshoot: McGeever
Reuters via Yahoo Finance· 2 years agoWhile investors obsess with 'fair value', markets rarely find it, never mind settle there. FX markets are a great case in point - they often reflect temporary divergences between otherwise highly ...
ECB Rates, Apple Slowdown, Housing Starts - What's Moving Markets
Investing.com via Yahoo Finance· 2 years agoBy Geoffrey Smith Investing.com -- The European Central Bank may hike rates by more than it signaled on Thursday, lifting the euro. The housing market remains under the spotlight with building ...
Marketmind: Flash in Japan
Reuters via Yahoo Finance· 1 year agoAll eyes on Friday - not just in Asia but around the world - will be fixed on Japan, specifically the latest inflation figures and the first of two...
Fed Meeting, U.S. PPI, Crypto Pressure - What's Moving Markets
Investing.com via Yahoo Finance· 2 years agoBy Geoffrey Smith Investing.com -- The Federal Reserve starts a two-day meeting with markets in disarray, scrambling to price in a 75-basis point hike in key interest rates. The dollar's advance ...
GLOBAL MARKETS-Stocks subdued by outsized rate risks, yen fragile
Reuters via Yahoo Finance· 2 years agoAsia's stock markets were mixed on Thursday, a day after their biggest slide in three months as investors weighed the risk of the Federal Reserve hiking interest rates by a jumbo 100 basis points ...
