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| Markets unprepared for a Europe without Draghi and Merkel While financial markets have become increasingly bullish on the outlook for Europe, cheered by strong and broad-based growth and the victory of the pro-European Emmanuel Macron in France's high-stakes presidential election last year, international investors have a blind spot: the looming departure ...
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| World stocks lower after Fed report renews bond yield fears HONG KONG — World stock markets generally declined Thursday, tracking Wall Street's fall after the latest Fed report rekindled fears about inflation and rising bond yields. KEEPING SCORE: European markets fell in early trading. Britain's FTSE 100 slid 1 percent to 7,205.21 and Germany's DAX lost 0.5 ...
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| Asia trades lower; ASX down 0.1%, Nikkei down 1.2% and Kospi off by 0.6% Asia markets fell in morning trade on Thursday, after a lower finish in U.S. stocks following the release of the latest Federal Reserve minutes. Australia's ASX 200 opened higher but retraced gains to trade down 0.14 percent. The heavily weighted financial subindex traded near flat, while the energy ...
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| Fed's Kashkari unsure if tax cuts will lift investment Kashkari said he is watching for stronger wage increases as a sign of a tightening labor market. A report earlier this month of a 2.9 percent increase in hourly wages in January rekindled expectations in financial markets for a bit more inflation and a possible faster pace of Fed rate hikes, but Kashkari said ...
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