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China’s growing debt burden limits space for economic stimulus
Mounting interest payments restrict headroom to revive domestic demand, say experts...
US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
What Bessent is now saying after bond yields didn’t stop rising on ‘I am the house’ remark
In a televisxed interview with Axios, Treasury Secretary Bessent defended his department’s record in the bond market and walked back his “I am the house” declaration from a month ago
Stock index futures lower as Treasury yields retreat
ECB’s Nagel: No clear signs that inflation has fed through to price and wage setting
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said in a speech in Sorrento, Italy during the European trading session on Monday that the impact of energy shock-driven ...
USD/JPY Price Forecast: Consolidates below 158.00 as bullish bias persists
The USD/JPY pair struggles to capitalize on Friday's bounce from sub-157.00 levels, touched in reaction to the weak US Nonfarm Payrolls (NFP) report, and seesaws between tepid gains/minor losses throu ...
Euro: Fiscal risks cap upside against British Pound – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses EUR/GBP in light of divergent fiscal and political risks in Europe and the United Kingdom (UK).
Larry Ellison to list Palm Beach property for $165 million
Billionaire Oracle co-founder Larry Ellison is planning to bid farewell to the third-largest oceanfront parcel in Florida’s Palm Beach County, with hopes to fetch $165 million.
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Firmus Technologies to reserve half of $5.5B IPO for existing backers, AFR reports
Eurozone Producer Price Index (YoY) climbed from previous 5.8% to 8.2% in August
Eurozone Producer Price Index (MoM) meets expectations (1.9%) in August
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
The G7 announcement of a release of 100 million barrels of crude oil and diesel has pressured down middle distillate refinery margins, which had hit record highs last month. The start of stock release ...
ISM Services PMI expected to show robust US economy in September
On Monday, we’ll get the latest read on the US services sector when the Institute for Supply Management (ISM) publishes its September gauge. Consensus points to a marginal uptick to 55.7 from August’s ...