Economy
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Saudi alerts sound as Yemen fighting puts key oil shipping routes under pressure
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Two-year yield hits highest since 2024 as investors weigh outlook for rate hikes
On Friday, US Treasury yields experienced an upward movement as investors expressed concerns regarding inflation. The Federal Reserve’s recent increases in interest rates and indications of more hikes in the future contribute to this shift. With traders predicting additional adjustments in upcoming meetings, there is a growing focus on global central banks tightening their monetary…
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Dollar advances vs yen as BOJ dissent clouds rate-hike outlook
Following the Bank of Japan’s decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skepticism regarding further hikes, while Japanese officials monitored exchange rates, hinting at possible intervention. Additionally, the US Federal Reserve’s assertive approach contributed to the dollar’s strength, with energy prices and Fed communications attracting significant…
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Tata Sons IPO: How 7 Tata Group stocks performed this week amid IPO buzz
Tata Group stocks witnessed sharp volatility this week as developments around the Tata Sons IPO triggered strong buying and selling. Tata Chemicals led the gains with a 13% rise, while Tata Investment Corp gained 8%. Tata Power, IHCL and Tata Motors Passenger Vehicles also ended higher despite Friday’s sell-off.
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Stock split alert! 3 stocks turning ex-record date for stock splits next week. Do you own any?
Three stocks, including Taal Tech, Midwest Energy and Naturite Agro Products, will turn ex-split next week, with investors needing to buy before their respective record dates.
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NFL Week 2 Sunday Night Football—Best Player Props
Find out which running back should be busy and eclipse his player prop for rushing yards, and which receiver has a compelling case to go over his receiving yards prop.
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Gold rises to one-week high, heads for weekly gain on easing oil prices
On Friday, gold prices surged to reach a one-week peak, hinting at a potential weekly gain. This rally was bolstered by falling oil prices, which alleviated inflation concerns. Nonetheless, the appreciation of the US dollar restrained further growth in gold values. Market sentiment remains shaped by the Federal Reserve’s interest rate hikes, with silver, platinum,…
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Europe’s STOXX600 falls as autos, telecoms lead broad sell-off
European stocks took a downturn on Friday, primarily influenced by the disappointing outlook from Volkswagen and considerations surrounding Airtel Africa’s IPO. This trend notably affected auto and telecom sectors. Despite oil prices stabilizing, energy shares were down on the week, alongside increased caution from central banks amid inflation worries. Meanwhile, healthcare and insurance sectors managed…
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VinFast earnings beat by $0.05, revenue topped estimates