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Earnings boost for stocks may lose luster with rising yields

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 1, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – There is little doubt on Wall Street that U.S. corporate profits are on track to rise at a heal... More »

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Oil steady after hitting three-week top- Saudis to keep output…

FILE PHOTO: A view shows Saudi Aramco’s Abqaiq oil facility in eastern Saudi Arabia in this undated handout photo. Saudi Aramco/Handout via REUTERS LONDON (Reuters) – Oil steadied around its highest prices in three weeks on Monday, supported by comments from S... More »

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Global stocks firm, dollar dips before big week for central banks

FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS/Suzanne Plunkett LONDON (Reuters) – Global stocks notched further gains on Monday and the dollar stayed on the back foot, as inv... More »

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Asian shares extend global recovery as volatility subsides

TOKYO (Reuters) – Asian shares gained on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that was sparked by fears of creeping inflation and higher borrowing costs. MSCI’s broadest index of Asia-Pacif... More »

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Oil hits highest in nearly two weeks on Asian equity recovery

TOKYO (Reuters) – Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global recovery in equity markets and as worries grew over tensions in the Middle East. Prime Minister Benjamin Netanyahu said... More »

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Dollar finds footing after steep fall, holds above three-year lows

U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Gonzalez/Illustration TOKYO (Reuters) – The dollar found some traction on Monday following last week’s steep fall and managed to hold above a three-year low ag... More »

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Stock volatility: back with a bang and here to stay

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 16, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, ... More »

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Futures rise, setting stocks on firm ground for the week

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 15, 2018. REUTERS/Lucas Jackson (Reuters) – U.S. stock futures rose on Friday, set to build on a rally that has lasted five straight days as inv... More »

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Global stocks set for best week in six years, dollar sags

FILE PHOTO: Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany February 28, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – World shares were set for their best week of gains in... More »

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Oil near one-week high on weak dollar, stocks rally

FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo LONDON/TOKYO (Reuters) – Oil prices gained on Friday as the dollar slipped to a three-year low and global stocks headed for their... More »

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Stocks try a tentative bounce, bonds fret on U.S. inflation

A visitor is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018. REUTERS/Toru Hanai SYDNEY (Reuters) – Asian share markets found a semblance of calm on Monday as S&P futures extended their ... More »

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Oil prices rise 1 percent as stocks markets steady

FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S., September 28, 2014. REUTERS/Lucy Nicholson/File Photo SINGAPORE (Reuters) – Oil prices rose by 1 percent on Monday, recovering at least some of last week’s steep losses as Asia... More »

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Inflation threat deepens European equity sell-off

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 2, 2018. REUTERS/Staff/Remote LONDON (Reuters) – European stocks suffered a sharp sell-off at the open on Monday, tracking big drops in Asia as growing infla... More »

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Stocks punished as inflation shadow spooks bonds

A man walks past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan February 5, 2018. REUTERS/Toru Hanai SYDNEY (Reuters) – Asian shares fell the most in over a year on Monday as fears of resurgent inflation battered bonds, ... More »

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Oil prices fall amid market sell off, Brent near one-month low

FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder/File Photo TOKYO (Reuters) – Oil prices on Monday extended declines from the end of last week amid a wid... More »

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Deutsche Bank drags European shares into worst week since August

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 1, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares fell on Friday and were set for their biggest weekly loss in six months as a slump in Deutsch... More »

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Dollar crawls up but not out of woods as U.S. policy doubts persist

FILE PHOTO: Sheets of former U.S. President Abraham Lincoln on the five-dollar bill currency are inspected through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo TOKYO (Reuters) – The do... More »

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Asia shares extend bull run, dollar crawls off lows

Asian shares extended their bull run on Monday amid upbeat corporate earnings and strong global economic growth, while the dollar tried to bounce even as the White House continued to complain of "unfair" trade practices by competitors. More »

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World stocks set for 10th straight week of gains, euro jumps

Pedestrians walk past an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon LONDON (Reuters) – World stocks were set for their 10th straight week of gains on Friday, while the euro jumped ... More »

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Dollar wallows near three-year lows on U.S. government shutdown

FILE PHOTO: Sheets of former U.S. President Abraham Lincoln on the five-dollar bill currency are inspected through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo LONDON (Reuters) – The d... More »

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Oil rises as Saudi Arabia says producers will cooperate beyond 2018

FILE PHOTO: A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo SINGAPORE (Reuters) – Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that coopera... More »

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Euro hits three-year high as Europe leads global optimism

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, January 10, 2018. REUTERS/Staff/Remote LONDON (Reuters) – The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter polic... More »

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Oil retreats from $70 highs but set for fourth week of gains

FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S. September 28, 2014. REUTERS/Lucy Nicholson/File Photo LONDON (Reuters) – Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, bu... More »

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Uproar over crackdown on cryptocurrencies divides South Korea

A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim Hong-Ji SEOUL (Reuters) – With a tech-savvy population quick to adopt the latest gad... More »

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Euro soars to three-year high, stocks shatter records

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, January 11, 2018. REUTERS/Staff/Remote LONDON (Reuters) – Record high world stocks headed for an eighth straight week of gains on Friday, while the euro sailed to a t... More »

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Futures rise as investors assess big bank earnings

FILE PHOTO: Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., January 8, 2018. REUTERS/Brendan McDermid (Reuters) – U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-... More »

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Asian shares step back from 2007 peak, oil at three-year high

Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares flinched from testing their 2007 record peak on Wednesday, as invest... More »

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Dollar extends losses vs yen after BOJ tapering talk

FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanes... More »

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U.S. crude hits three-year high as prices climb in tight market

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo NEW YORK (Reuters) – Oil prices edged higher on Tuesday, with U.S. crude touching its hig... More »

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Dollar steady but its funding costs soar ahead of year-end

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration TOKYO (Reuters) – The dollar was little changed against other major currencies on Monday in holiday-thinned trading while the cost of swapping the yen for th... More »

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This year’s lumps of coal could be 2018’s diamonds

FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, U.S., December 28, 2016. REUTERS/Andrew Kelly/File Photo SAN FRANCISCO (Reuters) – Investors saddled in 2017 with the market’s worst performers, incl... More »

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Oil dips from highs, but OPEC’s cuts still support market

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo SINGAPORE (Reuters) – Oil prices on Friday dipped away from some of their highest levels ... More »

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Catalan vote dents euro, upbeat U.S. data lifts stocks

FILE PHOTO: People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 22, 2017. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – The euro dipped on Friday after Catalan separatists wanting to break away from Spain won a... More »

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Dollar edges up, euro slumps after Catalan vote

FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The dollar edged up on Friday though it remained on track for weekly losses, while the euro slumped after Catalan vo... More »

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Dealmaking in focus as European shares climb back to 6-week high

MILAN (Reuters) – European shares rose on Monday, with merger and acquisition activity in focus and investor sentiment buoyed by expectations that a U.S. tax bill could soon pass. Thales (TCFP.PA) rose 8.4 percent after the French aerospace and defense company... More »

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U.S. tax cut outlook drives stocks but dents dollar

FILE PHOTO: People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 22, 2017. REUTERS/Toru Hanai/File Photo LONDON (Reuters) – Global stock markets hit record highs on Monday on expectations that a U.S. tax bill coul... More »

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Dollar dips on U.S. tax reform caution

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – The dollar dipped against a basket of major currencies on Monday, on caution ahead of a vote in U.S. Congress on... More »

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Wall Street set for higher open as tax bill concerns wane

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid (Reuters) – Wall Street was set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republ... More »

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Dollar dips against yen- bitcoin surges again

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration LONDON (Reuters) – The dollar slipped to a nine-day low against the yen on Friday, after wrangling in the United States Congress over a bill to change the ta... More »

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TSX futures point to flat opening

FILE PHOTO: A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File Photo (Reuters) – Canada’s main stock index futures were little changed on Friday even as oil prices rose amid ongoing... More »

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Oil prices edge up on North Sea pipeline outage, falling stocks

FILE PHOTO – A pumpjack brings oil to the surface in the Monterey Shale, California, U.S. April 29, 2013. REUTERS/Lucy Nicholson/File Photo SINGAPORE/LONDON (Reuters) – Oil prices edged up on Friday, lifted by the Forties pipeline outage in the North Sea, ongo... More »

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European stocks rally after Brexit, banking rules deals

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »

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Sterling rises, euro edges down as Brexit deal may be near

British Pound Sterling banknotes are seen in a counter machine at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger TOKYO (Reuters) – Sterling rose while the euro edged down on Friday, as traders wa... More »

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Oil stable as strong Chinese demand counters rising dollar

FILE PHOTO – A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson SINGAPORE (Reuters) – Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China’s relentless thirst for... More »

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Bitcoin plummets more than 12 percent to below $15,000

FILE PHOTO: A bitcoin sign is seen during Riga Comm 2017, a business technology and innovation fair in Riga, Latvia November 9, 2017. REUTERS/Ints Kalnins/File Photo TOKYO (Reuters) – Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dr... More »

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Oil prices fall after U.S. drillers add rigs

A driver looks at the price as he fills the tank of his car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song TOKYO (Reuters) – Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their h... More »

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Dollar gains on U.S. tax cut progress- Brexit deal eyed

A woman walks in strong wind caused by Typhoon Lan, past an electronic board showing the graphs of the recent movements of Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato SYDNEY (Reuters) – The U.S. dollar bounc... More »

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U.S. equity index futures open higher after Senate passes tax bill

A trader works on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., December 1, 2017. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday. ... More »

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Euro holds line at $1.19 as investment prospects brighten

The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »

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Canada stock futures little changed ahead of economic data

The Toronto Stock Exchange sign is seen in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren (Reuters) – Canada’s main stock index futures were little changed on Friday as investors awaited GDP and jobs data. The gross domestic product report, due a... More »

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Markets ignore best European factory data in 17 years

A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai LONDON/MILAN (Reuters) – European shares fell on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill... More »

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Deficit doubts on tax bill cool Wall Street rally

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 30, 2017. REUTERS/Brendan McDermid (Reuters) – U.S. stock futures pointed to a reversal of some of this week’s gains for Wall Street on Friday as a delay in voting on a... More »

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Oil prices rise after OPEC extends output curbs

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 . REUTERS/Christian Hartmann LONDON (Reuters) – Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end... More »

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South African government bonds weaker after S&P downgrade

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) – South Afri... More »

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Asian shares off 10-year peak, China hits three-month low

Passersby are reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Asian shares hovered below their 10-year peak on Friday while mainland Chinese shares dropped to three-mo... More »

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China stocks extend losses after worst day in months

SHANGHAI (Reuters) – Chinese stocks slipped further on Friday after the biggest selloff in months the previous day, with fresh government steps to reduce financial risks and a rout in the bond market sapping investors’ confidence. The blue-chip CSI300 Index .C... More »

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Asia stocks wilt, German coalition impasse hits euro

People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar outside a brokerage at a business district in Tokyo, Japan August 9, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares pulled back on Monday with investor... More »

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Oil markets tepid ahead of Nov. 30 OPEC meeting

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-Sudani SINGAPORE (Reuters) – Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of t... More »

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Euro slips as German coalition talks fail, heightens uncertainty

50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration SINGAPORE (Reuters) – The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel’s efforts to form ... More »

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Asia stocks subdued as China data disappoints

Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. More »

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U.S. junk bond sector ends rough week on calmer note

Cracks in the red-hot U.S. high-yield bond market are starting to widen, with two junk-rated companies pulling their deals on Friday and U.S.-based high-yield funds suffering their second consecutive week of cash withdrawals. More »

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Global stocks dip on U.S. tax doubts

World stocks edged lower on Friday on signs that U.S. tax reforms could be delayed after Senate Republicans offered a plan that differed significantly from the House of Representatives' version. More »

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Euro tumbles against dollar- Treasury yields up

The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »

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Victory for Abenomics lifts world stocks to new record

Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »

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Dollar hits three-month high vs. yen on Abe election victory

The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. More »

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China shares hit 21-month high- Turkish lira takes a dive

Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country's service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. More »