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Oil down on strong dollar, worries about recession and hawkish Fed talk
By David Gaffen NEW YORK (Reuters) -Oil futures fell for a third day on Wednesday, as worries about...
12th October, 2022
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Euro zone bonds drop as gilt market chaos rattles global investors
By Amanda Cooper LONDON (Reuters) -Euro zone government bond yields rose on Wednesday, tracking weak...
12th October, 2022
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UK borrowing costs hit 20-year high as BoE sticks by bond deadline
By Andy Bruce, William Schomberg and David Milliken LONDON (Reuters) -British government borrowing c...
12th October, 2022
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UK economy on brink of recession as it shrinks in August
By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy looks set to go into recess...
12th October, 2022
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ECB’s Villeroy lays out plan for shrinking balance sheet
NEW YORK (Reuters) – The European Central Bank should start shrinking its balance sheet once its int...
12th October, 2022
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Caixabank proposes sector-wide freeze in variable mortgage costs, source says
MADRID (Reuters) – Caixabank, Spain’s biggest lender by domestic assets, has proposed a sector-wide...
12th October, 2022
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Swiss National Bank’s Jordan says central bank independence vital to fight inflation
ZURICH (Reuters) – Central banks need to resist political pressure to slow monetary policy tightenin...
11th October, 2022
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FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -Britain’s main stock indexes fell on Tuesday,...
11th October, 2022
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European shares hit over one-week low as recession worries weigh
By Devik Jain and Amruta Khandekar (Reuters) -European shares fell for a fifth straight session on T...
11th October, 2022
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U.S. dollar drifts higher; yen heads toward level that prompted intervention
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar edged higher...
11th October, 2022
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trilli...
11th October, 2022
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UK’s Kwarteng, seeking to calm markets, brings forward budget date
By Andy Bruce LONDON (Reuters) -British finance minister Kwasi Kwarteng, under pressure to rebuild s...
10th October, 2022