INTERNATIONAL MARKET NEWS
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January 27, 2023, Friday
World stocks, dollar edge higher as economic data keeps US Fed on track
The euro slid 0.29% to $1.0857, just off from a nine-month high of $1.09295 it touched on Monday
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January 26, 2023, Thursday
NYSE mayhem traced to an employee who left a backup system running
An NYSE employee failed to properly shut down Cermak's disaster-recovery system - leading to a disaster
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January 26, 2023, Thursday
Oil edges up in early trade as US crude inventories rise less than expected
Brent crude futures had risen 12 cents to $86.24 per barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures ...
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January 24, 2023, Tuesday
US dollar on back foot as euro nears nine-month peak, yen bounces
The dollar-yen pair declined to as low as 127.215, the weakest since May, in the run-up to the Bank of Japan's policy review last ...
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January 23, 2023, Monday
World shares inch higher, many Asian markets closed for Lunar New Year
Shares were higher Monday in Europe and in Asia, where most markets were closed for the Lunar New Year holiday. Germany's DAX ...
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January 21, 2023, Saturday
China reopening spurs record inflows into emerging market funds: BofA
The sudden shift in Chinese policy has boosted many different asset classes, from commodities and mining stocks to currencies and ...
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January 20, 2023, Friday
Oil prices set for second week of gains on brighter China outlook
Brent futures for March delivery gained 26 cents, or 0.3%, to $86.42 a barrel by 0655 GMT, while U.S. crude advanced 43 cents to ...
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January 19, 2023, Thursday
Wall Street opens lower; US may be heading for a painful recession
Futures for the Dow Jones Industrial Average and the S&P 500 slid 0.8% before the opening bell
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January 19, 2023, Thursday
FTX assets: Lawyers located billions in cash and crypto located
In just three years, FTX, founded by Sam Bankman-Fried, had swiftly put money into a hodgepodge of assets
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January 17, 2023, Tuesday
Japan pushes global counterparts to regulate cryptocurrencies like banks
The country has been making its voice heard through the Financial Stability Board
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January 17, 2023, Tuesday
European shares slip as China data stokes economic slowdown fears
China's growth for 2022 of 3% was far below the official target of about 5.5%. Excluding a 2.2% expansion after COVID-19 first ...
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January 17, 2023, Tuesday
Asian share markets slip as China says economy slowed further in 2022
Asian shares were mostly lower Tuesday after China reported its economy expanded at a 3 per cent pace last year, less than half ...
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January 15, 2023, Sunday
This isn't your mom and dad's recession: BofA's Savita Subramanian
The market could go as high as 4,600, which would be a pretty great year, says Savita Subramanian
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January 12, 2023, Thursday
Oil prices surge over 1% on China demand hopes, US inflation in focus
Brent crude rose $1.18, or 1.4%, to $83.85 a barrel by 1250 GMT, while U.S. West Texas Intermediate crude gained $1.15, or 1.5%, ...
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January 11, 2023, Wednesday
Asian shares subdued, dollar steady as focus remains on US CPI data
US stocks ended higher as investors heaved a sigh of relief after Powell refrained in a speech from commenting on rate policy but ...
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January 10, 2023, Tuesday
Oil prices stable as market awaits clarity on US Fed interest rate hike
A weaker dollar can boost demand for oil, as dollar-denominated commodities become cheaper for holders of other currencies
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January 10, 2023, Tuesday
Australian consumer confidence jumped 4.9 pts in past week: Report
Australian consumer confidence registered a 4.9 point jump to reach 87.4 between January 2-8, the highest for over three months ...
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January 10, 2023, Tuesday
Insured losses hit $120 billion as extreme weather upends industry norms
Insured losses of more than $100 billion a year are the new normal. That's a major departure from industry norms of less than two ...
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January 10, 2023, Tuesday
Gold hits eight-month peak as dollar slips on US Fed slowdown bets
Higher interest rates dim bullion's appeal as an inflation hedge and raise the opportunity cost of holding the non-yielding asset
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January 09, 2023, Monday
European stock indexes rise on 'soft landing' hopes, China reopening
The euro was up 0.3% at around $1.0673, versus a 1.2% jump on Friday
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January 27, 2023, Friday
State Bank of Pakistan's foreign exchange reserves fall by $923 mn
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by $923 million last week
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January 26, 2023, Thursday
US dollar skulks at eight-month low, central bank's meeting in focus
Downbeat earnings and guidance from U.S. companies and a string of tech sector layoffs have deepened fears of an economic ...
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January 24, 2023, Tuesday
Oil prices steady as China reopening is balanced by economic concerns
A weaker US currency makes dollar-denominated commodities such as oil cheaper for buyers using other currencies
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January 23, 2023, Monday
Oil prices rise to $88 a barrel on back of stronger China outlook
Last week Brent rose 2.8%, while the U.S. benchmark logged a 1.8% gain
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January 23, 2023, Monday
Oil prices fall in early trade but remain buoyed by China outlook
Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI) crude futures ...
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January 20, 2023, Friday
Oil prices head for second week of gains on China fuel demand outlook
For the week, Brent was heading for a gain of about 1.2% and the U.S. benchmark for a 0.8% rise
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January 20, 2023, Friday
Oil prices climb on hopes for Federal Reserve slowing interest rate hikes
Oil prices rose on Friday on optimism that the U.S. Federal Reserve will ends its tightening cycle, buoying the economy and ...
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January 19, 2023, Thursday
Bank of England in talks to defer deadline for CCIL de-recognition
ESMA under pressure after de-recognising in October six Indian clearinghouses including the CCIL
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January 18, 2023, Wednesday
Oil prices gain around 1% on optimism over China's fuel demand recovery
But OPEC kept its 2023 global demand growth forecast unchanged
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January 17, 2023, Tuesday
Oil mixed amid weak China economic data, sustained hopes for 2023
Oil prices were mixed on Tuesday after China posted its weakest economic growth in nearly half a century, while its late-22 ...
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January 17, 2023, Tuesday
Significant progress in issuance of business visas in India, says US
The US said there has been significant progress in issuance of business visas in India, and America is taking several steps like ...
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January 17, 2023, Tuesday
Oil mixed amid weak China economic data, sustained hopes for 2023
Brent crude futures had risen 16 cents, or 0.2%, to $84.62 by 0414 GMT, recouping some of the 1% loss of the previous session
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January 13, 2023, Friday
Oil prices head for solid weekly gain of 6% on China demand hopes
Brent crude futures fell 17 cents, or 0.2%, to $83.86 a barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude ...
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January 12, 2023, Thursday
Oil rises on China demand optimism, Russian supply concerns amid sanctions
Brent crude rose 50 cents, or 0.6%, to $83.17 per barrel by 0135 GMT, while U.S. West Texas Intermediate crude also rose 50 ...
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January 11, 2023, Wednesday
Dollar stands firm amid low bond yields, traders await consumer price data
The U.S. dollar was steady elsewhere, loitering just above a seven-month low on the euro at $1.0737 in the lead-up to U.S. ...
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January 10, 2023, Tuesday
Gold prices steady as investors focus on Powell speech for rate guidance
Powell is scheduled to speak at a central bank conference in Stockholm at 1400 GMT, ahead of key US inflation data on Thursday
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January 10, 2023, Tuesday
Cyient DLM files preliminary papers worth Rs 740 cr with Sebi through IPO
Electronic Manufacturing Services (EMS) firm Cyient DLM Ltd has filed preliminary papers with capital markets regulator Sebi to ...
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January 10, 2023, Tuesday
Oil prices fall as concerns over higher interest rates crimp demand
Brent futures for March delivery fell 43 cents to $79.22 a barrel, a 0.5% drop, by 0522 GMT. U.S. West Texas Intermediate crude ...
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January 09, 2023, Monday
Oil prices surge over 3% on demand optimism as China's borders reopen
Brent crude was up $1.96, or 2.5%, at $80.53 a barrel by 1450 GMT while U.S. West Texas Intermediate crude rose $2.10, or 2.9%, ...
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January 08, 2023, Sunday
Year of Bond starts with a $150 bin sales spree; may spill over this week
Hong Kong raising $5.8 billion via its biggest-ever green bond
