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| Worries over tech and trade war weigh on FTSE 100 UK financial markets were closed Friday and on Monday in observance of the Good Friday and Easter holidays. What's driving markets UK and European equity investors stepped back into the markets after US stocks sold off Monday, led by a fall for the tech sector, which has been under considerable ...
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| EXPLAINER-What is SOFR? The new US Libor alternative April 3 (Reuters) - The New York Federal Reserve on Tuesday will begin to publish the Secured Overnight Financing Rate (SOFR), a rate that regulators hope will eventually be adopted to back U.S. dollar-based derivatives and loans. The aim is that the new rate will eventually reduce markets' ...
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| Yen supported by worries over US-China trade dispute The Japanese yen, typically viewed as a safe-haven currency, tends to benefit at the dollar's expense during times of international political and financial turbulence. The yen had risen in March as worries over the risk of a global trade war roiled financial markets. That had sent the dollar down to a ...
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| 'Definition of Tyranny': Interim Director Asks Congress to Fix Consumer Financial Protection Bureau 'Definition of Tyranny': Interim Director Asks Congress to Fix Consumer Financial Protection Bureau ... by the director of the bureau could all too easily be used to harm consumers, destroy businesses, or arbitrarily remake American financial markets," Mick Mulvaney, the agency's acting director, says.
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