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Traders will have their work cut out for them to keep up with Japan’s snap election, US jobs data, the UK budget, eurozone growth numbers and a slew of third-quarter…
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Asian stock markets fall, elections in Japan and the US in sight
Tokyo (awp/afp) – Asian stock markets fell on Tuesday, the Tokyo market remained cautious a few days ahead of general elections in Japan, while elsewhere in the region remained suspended…
Banks in the eurozone are seeing an upswing in loan demand as interest rates fall, ECB survey shows
Demand for bank loans in the 20-nation eurozone rose in the third quarter and is expected to rise further in the final three months of the year, with household mortgages…
New loans in China rose less than expected in September despite stimulus measures
New bank loans in China rose in September from the previous month, but remained below expectations as authorities stepped up stimulus measures to stabilize the faltering economy. Chinese banks extended…
China’s bank lending in September is expected to increase due to monetary policy support
China’s new yuan borrowing likely rose in September from August, a Reuters poll showed on Wednesday, as the central bank ramps up stimulus to bring the lagging economy back toward…
Gold down, US jobs data strengthens the bet on interest rate cuts
Gold prices fell on Monday as bets strengthened for a U.S. rate cut in November after a surprisingly strong jobs report, while market participants await inflation data and comments from…
US capital increases and other rules for Wall Street banks now depend on US election
U.S. regulators will not be able to complete the controversial bank capital increase before the presidential election in November, leaving in doubt whether these and other proposed tough rules will…
US must do more to protect species from Gulf of Mexico drilling: judge
At the request of environmental groups, a US judge has rejected a federal agency’s assessment of how to protect endangered and threatened marine species from oil and gas drilling in…
USA: The Fed opens the way for a rate cut in September
Washington (awp/afp) – A majority of officials at the US central bank (Fed) at the end of July opened the way for a reduction in the institution’s interest rates at…
US: Much less job creation than originally announced
Washington (awp/afp) – The number of U.S. jobs fell significantly for the fiscal year that ended in late March, a decline driven entirely by the private sector, according to data…