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Dollar Hovers Near 8-Week Low as Payrolls Test Looms
US News & World Report· 1 day agoThe dollar hovered close to an eight-week low on Friday, ahead of a crucial U.S. jobs report that should provide clues on the timing of Federal Reserve interest rate cuts.
Morning Bid: Rate Cut Wagers Fire up (Again)
US News & World Report· 3 days agoEuropean stock markets are set for a higher open, futures indicate, with the continent-wide STOXX 600 hoping to shrug off Tuesday's drop ahead of PMI data from the euro zone, France and Germany ...
Morning Bid: Dip Buying Persists, Canada Set to Ease
US News & World Report· 3 days agoAny investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the third day in row that Wall St stocks have ...
Philippine CPI Rises for Fourth Straight Month in May
US News & World Report· 3 days agoEconomists in a Reuters poll had forecast annual inflation at 4.0%. The Bangko Sentral ng Pilipinas (BSP) said last month's data was consistent with its expectations that inflation could accelerate ...
China's Robust Services Activity Drives up Employment, Caixin PMI Shows
US News & World Report· 3 days agoTogether with the Caixin manufacturing PMI, which hit a near two-year high, the readings suggest business activity expanded robustly last month, although ...
Canadian Dollar Outlook Dims on Expected Interest Rate Divergence
US News & World Report· 3 days agoThe Canadian dollar is set to strengthen less than previously expected over the coming year if the Bank of Canada begins cutting interest rates ahead of the Federal Reserve ...
Dollar Wallows at Multi-Month Lows as Fed Cut Bets Grow
US News & World Report· 4 days agoThe U.S. currency wallowed near a two-week trough to the yen after data showed a second straight month of slowdown in manufacturing activity and an unexpected decline in construction ...
India Bonds Still a 'Buy' for Foreign Investors Despite Post-Election Policy Uncertainty
US News & World Report· 3 days agoIndia's government bonds will continue to attract foreign flows even as a narrower-than-expected victory margin for Prime Minister Narendra Modi-led alliance could prompt a shift in policy, ...
Small Business May Show a Coming US Hiring Slowdown
US News & World Report· 2 days agoPeaking at 11 people, the hiring in the end proved an overreach, and Biggins' staffing is now down to six, mostly through attrition. "We're not looking at hiring," said Biggins, whose firm in ...
Asian Stocks Rise on Rate-Cut Wagers; Spotlight on India
US News & World Report· 3 days agoAsian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ...
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