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Weak Chinese PMI prompts market selloff

China's economic recovery weakened in May as manufacturing activity slumped, prompting investors to sell stocks and call for more stimulus to boost g…

2 years, 11 months ago

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US debt ceiling negotiations clear their first hurdle

Futures markets have reacted with cautious optimism to the fact that President Joe Biden and House Speaker Kevin McCarthy finally reached an agreemen…

2 years, 11 months ago

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Tech sector shines as time runs out to avoid US government default

The tech sector rallied strongly yesterday, while other sectors and the broader market were flat to slightly lower. This followed the upbeat outlook …

2 years, 11 months ago

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Fitch move adds to pressure on markets

US ratings agency Fitch put the United States’ AAA bond rating on negative watch yesterday, saying that the debt ceiling negotiations have raised the…

2 years, 11 months ago

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US debt-ceiling impasse dents investor sentiment

Global equity markets suffer losses after continued US debt-ceiling negotiations ended without a deal yesterday. This increases the likelihood that t…

2 years, 11 months ago

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No deal yet

The US debt ceiling negotiations are still stealing the spotlight and while House Speaker Kevin McCarthy and US President Joe Biden had a “productive…

2 years, 11 months ago

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Positive momentum in major global equity indices

The S&P 500 is at its highest level this year and the German DAX index is at an all-time high. This week, the US debt ceiling, US & eurozone interest…

2 years, 11 months ago

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Stocks up and bonds down as sentiment improves across markets

The S&P 500 Index is trading at its highest level in 9 months and US Treasuries are falling as the likelihood of an end to the US debt ceiling impass…

2 years, 11 months ago

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US debt ceiling and interest rate views in focus

The S&P 500 closed down 0.6% yesterday. Comments from Federal Reserve officials on whether further interest rate hikes will be necessary in light of …

2 years, 11 months ago

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US Treasury warns of catastrophe of a US default

US Treasury Secretary Janet Yellen has warned that the US government will default on its payments by 1 June unless the debt ceiling is raised, puttin…

2 years, 11 months ago

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