By Herbert Lash and Shreyashi Sanyal (Reuters) – U.S. stocks closed down on Wednesday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress, while unexpectedly strong[...]
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May 31, 2023
Australian home prices climb for third straight month in May
SYDNEY (Reuters) – Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the[...]
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UK has bigger inflation problem than US or euro zone – BoE’s Mann
By David Milliken LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both large headline price rises and growing signs of persistence in unde[...]
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UK advertised salaries hit two-year high in April – Adzuna
By Suban Abdulla LONDON (Reuters) – Starting salaries advertised in Britain reached the highest level in two years in April and there were the most job vacancies since December, suggesting some[...]
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Kiwi house prices to descend further this year and rise next- Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand house prices are forecast to drop further this year, pressured by higher interest rates, according to a Reuters poll of property analysts, w[...]
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US labor market remains resilient as job openings climb, layoffs drop
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly rose in April and data for the prior month was revised higher, pointing to persistent strength in the labor market that co[...]
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Global equities, US yields fall ahead of debt ceiling vote
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Cong[...]
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US rate futures expect Fed pause in June in sharp turnaround from earlier
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes by the Federal Reserve at next month’s monetary policy meeting, a m[...]
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A June skip jumps to the fore following latest Fed comments
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve officials including the vice chair-designate pointed towards a rate hike “skip” in June, prompting a quick reversal[...]
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