Morning offer: Finally, bad news is bad news
19 January (Reuters) – A look at the day ahead at Asian markets from Jamie McGeever. No fireworks from the Bank of Japan, but plenty of damp squibs for investors…
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The US economy is losing steam as retail sales show their biggest decline in 12 months
Retail sales down 1.1% in December; November sales fell Core sales down 0.7%; November sales not reviewed Manufacturing output is down 1.3%; November production cut Producer prices down 0.5%; up…
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Wall St stumbles on weak data, comments from hawkish Fed
Fed’s Bullard, Mester back rate rises US retail sales fall in December Indexes down: Dow 1.28%, S&P 1.07%, Nasdaq 0.78% 18 Jan. (Reuters) – Wall Street’s major indices fell on…
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In 2022, inflation data surpassed the Fed’s comments about moving markets, the report said
NEW YORK, January 18 (Reuters) – Last year, inflation data that forced the Federal Reserve to embark on a historically aggressive path of rate hikes was a bigger market mover…
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Analysis: Turkey and its markets are heading for an election crossroads
Turkey’s presidential election represents a major split. Side effects of unorthodox economics crucial for voters Repeated periods of market turmoil have led investors to leave Turkey Economists recognize that a…
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BOJ defies market bets for policy adjustments, causing the yen to tumble
BOJ keeps interest rate targets, yield margin intact BOJ Runs Market Operation Tool, Signals Status Quo On YCC Board raises inflation forecasts but lowers growth forecasts TOKYO, Jan. 18 (Reuters)…
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Goldman misses earnings estimates as deal closings slump and consumer business hits
17 Jan. (Reuters) – Goldman Sachs Group Inc (GS.N) reported a larger-than-expected 69% drop in fourth-quarter earnings on Tuesday as it struggled with a slump in deal closings, a drop…
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Analysis: Bond traders are regaining their swagger in interest-obsessed markets
NEW YORK, January 17 (Reuters) – Bond traders are once again stars on Wall Street. Fixed income, currency and commodities (FICC) traders boosted bank profits last year despite bleak deal…
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European equities close on report that the ECB is considering smaller interest rate hikes
ECB news raises sentiment up close LVMH reaches 400 billion euros in market value Ocado slumps while Ocado Retail’s profits are under pressure 17 Jan. (Reuters) – European stocks reversed…
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Wall Street ends lower for a third straight day as recession concerns mount
US business activity slumps in December Meta jumps on JP Morgan rating upgrade Adobe climbs on optimistic profit forecast Dow down 0.85%, S&P 500 down 1.11%, Nasdaq down 0.97% NEW…
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