By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are likely to remain under pressure on Thursday, particularly regional currencies, as in[...]
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March 8, 2023
Wall St flutters, Treasury yields ease as Powell resumes testimony
By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage of robust economic data appeared to support Federal Reserve Chairma[...]
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Canada’s finance minister says she is preparing budget with fiscal constraint in mind
(Reuters) – Canada’s Finance Minister Chrystia Freeland said on Wednesday she is preparing a budget, expected sometime this spring, with fiscal constraint in mind and a goal to avoid fueli[...]
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Oil extends losses amid US rate-hike concerns
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell on Wednesday as fears that more aggressive U.S. interest rate hikes would pressure economic growth and oil demand outweighed a larger-tha[...]
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Dollar steady as traders wait on jobs data
By Karen Brettell NEW YORK (Reuters) – The dollar was steady on the day but down from three-month highs reached earlier on Wednesday after Federal Reserve Chairman Jerome Powell offered no major[...]
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US businesses see moderation in inflation ahead, Fed survey shows
By Lindsay Dunsmuir (Reuters) -U.S. economic activity increased slightly from January through late February and inflation pressures remained widespread, but businesses reported a moderation in price i[...]
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Fed report finds small firms continue recovery from pandemic hit
By Michael S. Derby NEW YORK (Reuters) – U.S. small businesses continued to mend from the coronavirus pandemic last year even as these firms faced considerable challenges from high inflation and[...]
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Biden budget aims to cut deficit by nearly $3 trillion
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden’s budget proposal on Thursday will aim to cut U.S. deficits by nearly $3 trillion over 10 years, far more than the $2 trillion the a[...]
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Ukraine, U.N. call for extension of Black Sea grain export deal
By Pavel Polityuk KYIV (Reuters) -Ukraine’s president and United Nations Secretary-General Antonio Guterres called on Wednesday for the extension of a deal with Moscow that has allowed Ukraine t[...]
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