NEW YORK (Reuters) – U.S. prices rose moderately in June, underscoring an improving inflation environment that potentially positions the Federal Reserve to begin cutting interest rates in Septem[...]
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July 26, 2024
US equity funds attract inflows, defying a tech selloff
(Reuters) – U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibi[...]
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EBRD vice president says Turkey’s economy programme yielding results
By Jonathan Spicer and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s economic turnaround is yielding results, EBRD Vice President Matteo Patrone told Reuters on Friday, adding that the bank a[...]
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Exclusive-Turkey cenbank not even contemplating rate cuts now, deputy Akcay says
By Nevzat Devranoglu and Jonathan Spicer ISTANBUL (Reuters) -Turkey’s central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and[...]
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T Rowe Price’s profit jumps on boost from market rally
(Reuters) – Asset manager T Rowe Price reported an 11% jump in second-quarter adjusted profit on Friday, helped by a relentless market rally that has boosted the value of clients’ investme[...]
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Moderating inflation opens door for another ECB rate cut, says Spanish minister
By Marcela Ayres RIO DE JANEIRO (Reuters) – An easing of inflation data is opening the door to another rate cut by the European Central Bank, Spanish Economy Minister Carlos Cuerpo said in an in[...]
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China boosts financing support for smaller innovative tech companies
BEIJING (Reuters) -China will enhance support for small and medium-sized technology enterprises through its national financing guarantee fund, the finance ministry said on Friday, in a bid to leverage[...]
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Markets nervy of their own over-confidence :Mike Dolan
By Mike Dolan LONDON (Reuters) -Often the scariest thing in markets is a rout without a trigger. People are still unsure about the precise cause of the October 1987 crash, for example. And when the Na[...]
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Equities, bonds draw inflows in latest week, BofA report says
LONDON (Reuters) – Most regions saw equity inflows in the week to Wednesday, led by emerging markets and the U.S., Bank of America Global Research said, as investors brought forward expectations[...]
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