Mining The Markets

Updated

ECB policymakers at odds over downturn’s impact, sources say

BY Reuters  • September 2, 2024September 2, 2024
By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fe[...]
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Dollar eases after hitting highest in two weeks, US job data looms

BY Reuters  • September 2, 2024September 2, 2024
By Stefano Rebaudo (Reuters) -The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors’ focus moved to a U.S. jobs report due a[...]
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Global stocks start September in cautious mood

BY Reuters  • September 2, 2024September 2, 2024
By Harry Robertson and Wayne Cole LONDON/SYDNEY (Reuters) -Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could decide whether[...]
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Euro zone factories stuck in a rut as Asia shows tentative signs of recovery

BY Reuters  • September 2, 2024September 2, 2024
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Factories in the euro zone remained mired in contraction last month, surveys showed, with the data suggesting a recovery could be some way of[...]
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Turkey economic growth slows to 2.5% in face of rate hikes

BY Reuters  • September 2, 2024September 2, 2024
By Ezgi Erkoyun and Can Sezer ISTANBUL (Reuters) -Turkey’s economy grew less than expected in the second quarter, expanding an annual 2.5% in the face of a year-long monetary tightening campaign[...]
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Shares in Hong Kong’s New World Development plunge after loss estimate

BY Reuters  • September 2, 2024September 2, 2024
By Clare Jim HONG KONG (Reuters) – Shares in major Hong Kong property developer New World Development plunged 13% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the[...]
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Nomura expects Indian cenbank to pivot to rate cuts from October amid weakening growth

BY Reuters  • September 2, 2024September 2, 2024
BENGALURU/MUMBAI (Reuters) -Nomura expects India’s central bank to begin cutting interest rates next month as inflation in the South Asian nation edges lower and economic growth weakens, the inv[...]
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Take Five: Shaky September

BY Reuters  • September 2, 2024September 2, 2024
(Reuters) -U.S. jobs numbers dominate the agenda as markets brace for a choppy September, with France seeking a way through its political mess, Germany having regional polls and African leaders headin[...]
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China Aug manufacturing up but export outlook slips, Caixin PMI shows

BY Reuters  • September 2, 2024September 2, 2024
BEIJING (Reuters) -China’s manufacturing activity swung back to growth in August as new orders drove production, a private sector survey showed on Monday, offering a glimmer of hope amid a strin[...]
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