By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with it[...]
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January 9, 2023
Japan Nov household spending unexpectedly falls 1.2% year/year
TOKYO (Reuters) – Japanese household spending fell 1.2% in November from a year earlier, government data showed on Tuesday, versus a median market forecast for a 0.5% gain. On a seasonally-adjus[...]
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South Korea’s Nov current account turns to deficit from surplus in Oct
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of energy at a time of shrinking exports, central bank dat[...]
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Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets amid m[...]
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UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said[...]
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Marketmind: Knocking on CPI’s door
By Stephen Culp (Reuters) – A look at the day ahead in Asian markets from Stephen Culp. Asian markets could be in for a bumpy ride on Tuesday after a rocky U.S. session for stocks, as a lack of[...]
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Fed to size up next rate hike with eye on inflation
By Ann Saphir and Howard Schneider SAN FRANCISCO/ATLANTA (Reuters) -Federal Reserve policymakers say fresh inflation data out later this week will help them decide whether they can slow the pace of in[...]
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Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investo[...]
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Dollar at 7-month low vs euro on slower Fed rate hike expectations
By John McCrank NEW YORK (Reuters) -The U.S. dollar on Monday slid to a seven-month low against the euro as traders bet recent economic data would prompt the Federal Reserve to slow the pace of intere[...]
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