By Joe Cash BEIJING (Reuters) -China likely again exported and imported less in January-February than a year earlier, backing policymakers’ fears that a slowing global economy could drag on grow[...]
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March 6, 2023
Bank of America CEO sees U.S. technical recession in 3rd qtr
SYDNEY (Reuters) – Bank of America Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter. Moynihan told The Fina[...]
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South Korea revised Q4 GDP -0.4% q/q, matching earlier estimate
SEOUL (Reuters) – South Korea’s economy contracted 0.4% in the fourth quarter from a quarter earlier, revised central bank data showed on Tuesday, matching its advance estimate released in[...]
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Israel president says judicial compromise ‘closer’ as protests escalate
By Steven Scheer JERUSALEM (Reuters) -Israeli President Isaac Herzog on Monday said a compromise in the government’s judicial overhaul plan could be imminent even as protests against the reform[...]
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Brazil’s Finance Ministry has finalized proposal for new fiscal framework, says Haddad
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Monday that his ministry has finalized its contribution to the design of the country’s new fiscal framework, but hig[...]
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Marketmind: RBA set to raise rates, and Powell to the people
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The show goes on. Just. World and Asian stocks crept higher on Monday despite an increase in U.S. and[...]
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0DTE options could turn 5% intraday market decline into 25% rout -JPMorgan
(Reuters) – Trading in new near-dated U.S. options contracts can supercharge volatility in U.S. stocks, potentially leading to tremendous intraday declines, analysts at JPMorgan said. The U.S. e[...]
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Oil edges higher on supply tightness, China demand hopes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged slightly higher on Monday, bouncing back from early losses, as top oil executives at an energy conference in Houston discussed supply tightness[...]
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Wall St pares gains, Treasury yields turn higher ahead of Powell testimony
By Stephen Culp NEW YORK (Reuters) – Wall Street edged higher and the greenback softened on Monday as investors weighed China growth expectations and a drop in U.S. factory orders, while looking[...]
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