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Pound jumps after UK tax cut rescinded, oil climbs higher

Pound jumps after UK tax cut rescinded, oil climbs higher

TOKYO, Oct 3 (Reuters) – Oil surged on Monday as OPEC+ considered cutting output at its meeting later this week, while the pound appreciated after the British government announced it would would undo a controversial tax cut that had rocked UK markets. Asian stocks mostly fell over the holidays, although Japanese markets found support from …

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Global stocks break November 2020 lows, sterling regains ground

Global stocks break November 2020 lows, sterling regains ground

Join now for FREE unlimited access to Reuters.com Register The dollar has eased since its 20-year highs reached on Monday German 10-year bond yields hit near 11-year highs Oil rebounds from Monday’s nine-month lows LONDON/HONG KONG, Sept 27 (Reuters) – Global stocks rebounded on Tuesday after hitting 21-month lows and the pound rebounded from record …

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Stocks fall, dollar soars and bonds plunge as fears of recession grow

Stocks fall, dollar soars and bonds plunge as fears of recession grow

Dow ready to confirm its bear market MSCI All-World Index at 2-year low The dollar hits a new high in two decades Pound, gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – U.S. and European stocks fell on Friday, the dollar hit a 22-year high and bonds sold off again as fears …

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Europe burns cash to help businesses in energy crisis

Europe burns cash to help businesses in energy crisis

Join now for FREE unlimited access to Reuters.com Register Gas prices in Europe soared amid Ukraine crisis Utilities face a cash crunch Germany ‘will do everything possible’ to help businesses Russian mobilization triggers soaring oil prices BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalized gas importer Uniper (UN01.DE) on Wednesday and Britain said it would cut …

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Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risky assets after Russian President Vladimir Putin Wednesday ordered a mobilization on Ukraine and accused the West of “nuclear blackmail”. . European currencies were …

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Europe rushes to prepare for this winter's energy crisis

Europe rushes to prepare for this winter’s energy crisis

Spain could close energy-intensive industries during peak hours France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany pushed for liquefied natural gas contracts with Gulf producers on Monday and other European states outlined measures to save …

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Stocks tight, dollar bullish for central bank frenzy

Stocks tight, dollar bullish for central bank frenzy

Passers-by wearing protective face masks walk past a stock market quotation board in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slide, Nikkei futures fall Fed tops central bank meetings Market tilts towards 75 bps from Fed, PBOC eases Dollar firm near multi-year …

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European stocks set to suffer weekly loss as global economic outlook deteriorates

European stocks set to suffer weekly loss as global economic outlook deteriorates

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks fell on Friday and Wall Street was expected to open lower as investors braced for a U.S. rate hike next week amid new warning signs of a global economic slowdown. The World Bank’s chief economist said on Thursday he …

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