Market Outlook
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Nearly two-thirds disapprove of Biden’s handling of economy: poll
Nearly two-thirds of Americans disapprove of President Biden‘s handling of the economy, according to a new poll by The Associated…
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The U.S. Dollar’s Dominance Is Being Stealthily Eroded
(Bloomberg) — The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as…
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TREASURIES-U.S. Treasuries resume selloff on new signs of inflation
(Adds comment, auction details, fresh prices) March 24 (Reuters) – U.S. Treasuries resumed a sell-off on Thursday, driving bond yields…
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Damage ‘has already been done’ to the consumer psyche, portfolio manager says
Jerome Powell and the Federal Reserve have vowed to combat inflation levels not seen in decades, even if it means…
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Traders see 8.6% U.S. inflation ahead of Fed’s May meeting as expectations may be turning entrenched
Reuters ECB to weigh more bond buying if war crashes economy -Schnabel The European Central Bank would consider extending its…
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ECB to weigh more bond buying if war crashes economy -Schnabel
FRANKFURT (Reuters) – The European Central Bank would consider extending its money-printing programme beyond this summer if the euro zone…
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LME to Nearly Double Its Default Fund After Nickel Squeeze
(Bloomberg) — The London Metal Exchange told members it will nearly double the size of its clearinghouse default fund as…
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US Pending Home Sales Plunge For 4th Straight Month
After unexpectedly plunging in January, pending home sales were expected rebound very modestly in February (despite both new- and existing-home-sales…
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UMich Sentiment Slumps Further In March, Inflation Expectations At 41-Year High
The final data for March’s University of Michigan sentiment survey was expected to confirm the preliminary data’s collapse to 11-year…
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Russian Central Bank Starts Buying Gold
A day after Biden and his pals in Brussels discussed ways to stop Russia utilizing its gold reserves to maintain…
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