Dollar falls to one-month low on weak U.S. data; trade deal in focus

NEW YORK (Reuters) – The dollar fell to a one-month low on Wednesday, undermined by weaker-than-expected U.S. private sector job growth data that followed soft manufacturing numbers earlier in the week that fuelled worries the world’s largest economy could slip into recession. The U.S. currency also slid to a four-week trough versus the euro and earlier dipped to a two-week […]

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Dollar near one-month low, caught between trade and growth uncertainty

LONDON (Reuters) – The dollar traded near one-month lows on Wednesday as markets remained jittery about the progress of Sino-U.S. trade talks and waited for U.S. data that could show whether the prolonged trade spat is starting to damage consumption in the United States. A Bloomberg report that the two sides were close to agreeing on the amount of tariffs […]

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Stocks in tentative rebound after Trump's trade war scare

LONDON (Reuters) – European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election. U.S. stocks sold off for a third consecutive session overnight, while Asian shares extended losses as hopes for […]

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JGBs slip, post third consecutive monthly fall

TOKYO, Nov 29 (Reuters) – Japanese government bonds ended weaker on Friday for their third consecutive monthly fall, as hopes of an eventual U.S.-China trade deal undermined their safe-haven appeal, despite worries that Hong Kong could become a flashpoint between the two countries. Benchmark 10-year JGB futures fell 0.13 point to 153.16, with a trading volume of 30,112 lots, amid […]

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Germany Dodges Recession With Surprise Third-Quarter Growth

In this article Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. Germany narrowly dodged its first recession in six years, putting a damper on speculation that the government will add fiscal stimulus any time soon. The surprise expansion doesn’t change the fact that the economy is going through […]

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