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German inflation dipped in June
Industry
Dollar strength saw EUR/USD tumble back below 1.05, with room to run below to support.
Industry
The United States on Tuesday imposed sanctions on more than 100 targets and banned the import of new Russian gold.
Industry
Morgan Stanley and Bank of America are hiking their dividends, while JPMorgan & Chase will keep theirs flat
Industry
“The key for central banks is to act quickly and decisively before inflation becomes entrenched,” Agustín Carstens, BIS general manager, said as part of the body's post-meeting annual report Annual Economic Report published on Sunday.
IndustryThe country is close to its first default since 1998 as sanctions block payments to creditors
Industry
Lebanon continues to endure runaway inflation as politicians jostle to form a new government more than a month after parliamentary elections, delaying the enactment of reforms that can unlock $3 billion from the International Monetary Fund to resuscitate its economy.
Industry
Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile economy from soaring global raw material costs.
Industry
Russia allows residents to send security trading proceeds to foreign accounts
IndustryIn April the streaming giant reported its first subscriber loss in more than a decade.
Industry
The economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation could eventually trigger a recession.
Industry
Goldman Sachs sees a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%
IndustryRecord rainfall sees floodwaters reach a 50-year high, displacing communities and triggering landslides.
Industry
United States is in talks with Canada and other allies globally to further restrict Moscow's energy revenue by imposing a price cap on Russian oil without causing spillover effects to low-income countries.
Industry
Fed's Mester says it will take 2 years until inflation falls to 2% target
IndustryThe impact of higher interest rates in the US will cascade through the global economy.
IndustryLess than two months after re-election, the president is set to lose control of the National Assembly.
IndustryTighter EU rules will demand firms such as Google and Meta tackle disinformation on their platforms.
Industry
The U.S. Federal Reserve raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994.
Industry
U.S. stocks fell sharply on Thursday as steep sell-off continued on Wall Street amid rising recession fears.
Industry
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