Month: October 2021

ECB’s meeting came in largely as we had anticipated. Policymakers acknowledged the stronger-than-expected inflation but downplayed the need to push forward rate hike. All monetary policy measures remained intact with the main refi rate, the marginal lending rate and the deposit rate staying at 0%, 0.25% and -0.5% respectively. The PEPP continued to work as
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Pres. Biden: We have reached a historic economic framework Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT Pres. Biden speaking at the White House. We have reached a historic economic framework Framework is fiscally responsible, will reduce deficit Framework includes historic investments in nation, people  No one got everything
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New Delhi: Gold in the national capital on Thursday rose by Rs 112 to Rs 47,050 per 10 gram in-line with a recovery in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,938 per 10 gram. In contrast, silver slipped Rs 203 to Rs
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Consolidative trading continues in the forex markets in general. Canadian Dollar spiked higher after more hawkish than expected BoC overnight, but there was no follow through buying. BoJ’s decision to stand pat triggered little reactions. Expectation of an earlier RBA rate hike intensified after the central bank let target yield surges sharp today. Yet, Aussie
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TOKYO: prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise jump in U.S. inventories of crude. Brent crude dropped $1.36, or 1.6%, to $83.22 a barrel by 0130 GMT, a two-week low, having declined by 2.1% in the previous session. U.S.
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Innovation investor Cathie Wood on Monday rebutted Twitter and Square founder Jack Dorsey’s theory on hyperinflation. The founder and CEO of Ark
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In this article F The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images DETROIT – Ford Motor is announcing third-quarter earnings after the markets close Wednesday. Here’s what Wall Street expects, based on average analysts’
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