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    A look at the day ahead in U.S. and global markets from Mike Dolan. Rare anti-government unrest across China’s cities over the weekend has unnerved world markets, weakening crude oil prices and adding fresh political risks to a fragile year-end. As demonstrations over strict COVID-19 curbs flared across the country over the weekend and infections ...
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    Nov 24 (Reuters) – Canada published its first ever national climate adaptation strategy on Thursday, including C$1.6 billion ($1.2 billion) in new federal funding commitments to help protect communities against the increasing impacts of global warming. Like many countries around the world, Canada is seeing a rise in extreme weather caused by climate change, with ...
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    Fed minutes for November due at 1900 GMT Wall Street stocks trade higher U.S. Treasury yields retreat Crude prices drop more than 4% U.S. dollar falls NEW YORK, Nov 23 (Reuters) – World equities rose while U.S. Treasury yields were lower ahead of the release of the Federal Reserve’s meeting minutes that would offer a ...
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    LONDON, Nov 23 (Reuters) – Bank of England Chief Economist Huw Pill said on Wednesday that more interest rate hikes will likely be needed to return inflation to the central bank’s 2% target sustainably, echoing previous central bank communication. “Given the need to contain the risk of greater inflation persistence implied by potential second round ...
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    LONDON, Nov 23 (Reuters) – You can sometimes buck the market – for a time at least. Even mention government or central bank intervention in financial markets to many professionals and you elicit a tirade on such futility against forces beyond control. And yet again, 2022 proved that’s far from the truth. Times are of ...
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    European stocks drop after early rise Dollar regains strength on hawkish Fed speak Micron gloom frazzles chipmakers Oil and metals sag in commodity markets LONDON, Nov 17 (Reuters) – Nagging recession and interest rate worries had Europe’s markets spluttering on Thursday, and the pound started to sag as Britain looked to put last month’s disastrous ...
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    LONDON, Nov 16 (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line. And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can’t be contained quickly enough to allow ...
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    HONG KONG, Nov 16 (Reuters) – Asian stocks dropped and the dollar gained on Wednesday after a blast in Poland that Ukraine and Polish authorities said was caused by a Russian-made missile. Worries over a potential ratcheting up of geopolitical tensions spurred a drop of 1% in MSCI’s broadest index of Asia-Pacific shares outside Japan ...
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    SYDNEY, Nov 15 (Reuters) – Asian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China’s COVID policy adjustments and a rescue package for the country’s struggling property sector. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.1%, following mild losses for ...
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    SYDNEY, Nov 15 (Reuters) – Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns of falling housing prices hurting consumer spending and the value of acting consistently. Minutes of the Nov. 1 policy meeting out on Tuesday showed the ...