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Asian stocks fall on US yields amid Pelosi tensions; down the australian

A man wearing a protective face mask, amid the coronavirus (COVID-19) pandemic, passes a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now to get free unlimited access to Reuters.com Register TOKYO (Reuters) – Asian stocks …

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US manufacturing is slowing modestly; Excess stocks are a major concern

The manufacturing index fell to 52.8 in July from 53.0 in June Contract new orders, improve supplier deliveries slowing increases in input prices; Accumulation of stocks WASHINGTON (Reuters) – U.S. manufacturing activity slowed less-than-expected in July, and there were signs that supply constraints were easing, with a measure of prices paid for inputs from factories …

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The Fed’s aggressive rate hike path bolstered by new inflation and wages data

July 29 (Reuters) – Federal Reserve Chairman Jerome Powell said this week that he is looking for convincing signs that inflation is abating before the U.S. central bank gives up its steepest set of interest rate hikes in decades. In data released on Friday, he got largely the opposite. Inflation according to the Fed’s preferred …

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S&P 500 and Nasdaq post biggest monthly gains since 2020

Apple sees continued strength in iPhone demand Amazon expects higher revenue in the third quarter Intel cuts annual forecasts, stocks slump Oil giants Exxon and Chevron jump after achieving record revenues Indices: Dow Jones rose 1%, Standard & Poor’s 500 rose 1.4%, Nasdaq rose 1.9%. NEW YORK (Reuters) – US stocks added to their latest …

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Global stocks eye the best month since late 2020, as the dollar drops

The MSCI World Index rose 0.3%; Almost 6% for the month The dollar fell 0.5% against a basket of its major peers Markets are betting on the US slowdown to ease interest rate tightening LONDON/SINGAPORE (Reuters) – Global stocks rose on Friday, on track for their best month since late 2020 as traders bet the …

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Wall St ends sharply for the second day; Amazon.com, Apple jump after hours

The US economy contracted in the second quarter Meta Platforms revenue drops for the first time Ford stock gains after the results Indices: Dow Jones rose 1%, Standard & Poor’s 500 rose 1.2%, Nasdaq rose 1.1%. NEW YORK (Reuters) – U.S. stocks rebounded on Thursday for a second day in a row, with all three …

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Wall Street rises on Microsoft, Alphabet earnings as Fed decision approaches

Microsoft and Alphabet results spark a rally in major stocks T-Mobile rises after raising subscriber growth expectations The Fed’s policy decision is expected at 2 PM ET Indices: Dow 0.39%, S&P 1.47%, Nasdaq 2.72% July 27 (Reuters) – The tech giant Nasdaq rose nearly 3% on Wednesday, sending major benchmarks higher on Wall Street, as …

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Australian inflation has accelerated to a 21-year high, peak still to come

Q2 CPI rose 1.8% qoq, 6.1% y/y slightly below expectations Core inflation up 4.9% y/y versus RBA target of 2-3% RBA sees 50 basis points higher next week, lower chance of 75 points per second SYDNEY (Reuters) – Australian inflation accelerated to a 21-year high in the last quarter and is likely to accelerate further …

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The Federal Reserve revealed another big rate hike as signs of an economic slowdown grow

US Federal Reserve Chairman Jerome Powell takes questions during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, US, June 15, 2022. REUTERS/Elizabeth Frantz/File Photo Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – With the Federal Reserve expected to raise its key interest …

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