By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s three main stock indexes closed higher on Wednesday for their biggest daily gains so far in December with help from upbeat Nike[...]
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December 21, 2022
Marketmind: Will Indonesia follow the Fed?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A decent sprinkling of regional economic data and a monetary policy decision in Indonesia should give[...]
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Weary Wall Street cheers improved consumer confidence
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in December, and the dollar regained stability after the Bank of Japan[...]
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Analysis-Japanese insurers likely to provide tailwind to yen as BOJ shifts
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) – Japan’s gargantuan life insurers appear capable of weathering paper losses in domestic bond holdings triggered by this week’s sur[...]
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Oil prices rise over $2 on drawdown in U.S. crude stocks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose by more than $2 a barrel on Wednesday after data showed a larger-than-expected draw in U.S. crude stockpiles, but gains were capped by a snowsto[...]
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Yen retreats after BOJ policy tweak sparked surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous day when a surprise policy tweak by the Bank of Japan lifted the J[...]
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U.S. existing home sales fall for 10th straight month in November
WASHINGTON (Reuters) – U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates. Existing home sales plunged 7.7%[...]
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U.S. consumer confidence rebounds; existing home sales sink
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence rose to an eight-month high in December as inflation retreated and the labor market remained strong, but fears of a recession pe[...]
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European shares post best day in nearly 6 weeks as upbeat Nike results lift retailers
By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares rose on Wednesday, as banks extended gains and upbeat results from Nike boosted the region’s battered retail sector, while[...]
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