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European stocks drop amid economic jitters and concerns about the Chinese property sector. The Stoxx Europe 600 falls 0.6%, the FTSE 100 and CAC 40 backtrack about 0.8% and the DAX retreats 1%. Brent crude slips 0.

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25 Sep, 2023 / 16:29

Stocks are hovering near the lowest levels in two months, with the dollar extending gains and Treasury yields nudging near new cycle highs, as markets adapt to the new 'higher for longer' Fed rate reality.

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25 Sep, 2023 / 16:06

Wall Street was mixed as Hollywood writers reached a tentative deal to end a strike action.

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25 Sep, 2023 / 14:48

On Friday, September 22, the U.S. stock markets closed in the red following a turbulent week highlighted by 16-year highs in benchmark Treasury yields and a hawkish outlook from the Federal Reserve. The S&P 500 and the Nasdaq experienced their steepest week-to-week declines since March. Most sectors in the S&P 500 finished with losses. The Dow Jones Industrial Average dipped 0.31% to 33,963.84. The S&P 500 declined by 0.23%, settling at 4,320.06, and the Nasdaq Composite dropped 0.09% to close a

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25 Sep, 2023 / 13:05

Her colleague Francois Villeroy de Galhau said earlier Monday that the ECB has reached the point where it needs to be wary of raising interest rates too high and should try to avoid a hard landing of the economy.

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25 Sep, 2023 / 03:42

Low productivity is a key issue holding the economy back, according to a new report by the Resolution Foundation.

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24 Sep, 2023 / 23:01

A hawkish Fed, rising oil prices and a tight job market have rekindled inflation concerns, pushing stocks to their lowest levels since June.

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22 Sep, 2023 / 20:19

On Thursday, Sept. 21, the U.S. stock markets ended significantly lower, with investors analyzing economic data after the Federal Reserve’s decision on interest rates. U.S. jobless claims dropped to 201,000 for the week ending Sept. 16, the lowest since January, compared to the expected 225,000. The Q2 current account deficit narrowed to $212.1 billion, better than the forecasted $221.0 billion gap. The Dow Jones Industrial Average finished the day 1.08% lower, ending at 34,070.42. The S&P 500 r

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22 Sep, 2023 / 12:20

European stock markets were largely falling on Friday as the latest economic data showed business activity in the euro zone currency bloc contracted in September, although at a slower pace than previously. The Stoxx Europe 600 Index traded down 0.2%.

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22 Sep, 2023 / 11:53

Despite facing significant challenges such as rising energy costs and weak demand from export destinations, Germany's economy is poised to bounce back, according to analysts at Deutsche Bank. While the nation has been dubbed the "sick man of Europe", analysts Maximilian Uleer and Carolin Raab suggest this label is not entirely accurate and propose viewing Germany as a "sore athlete" that is ready to recover.

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22 Sep, 2023 / 10:45