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Rouble slumps past 70 vs dollar for first time since May

The rouble plunged to its weakest level since early May past 70 against the dollar on Wednesday, extending weekly losses with fears...

Bank of Canada increases rates by 50 bps, says hikes may...

The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in...

Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023...

After a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for 2023 that it says are being “underpriced” by...

China Traders Hunt for Long-Term Reopening Winners After Frenzy

As China’s reopening starts to take shape, investor focus is increasingly seen shifting from frenzied stock bets to longer-term plays such as consumer...

Wall St Week Ahead Stocks typically rally in December, investors have...

Investors hoping for the year-end to bring stock market gains after a punishing year have history on their side as U.S. equities...

Asian shares higher on signs of U.S. Fed slowdown, China stimulus

Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate...

Rouble pares early losses to hover around 61 to the dollar

The Russian rouble hovered around 61 to the dollar after touching its lowest in nearly two weeks early on Tuesday, with pressure...

Don’t doubt the dollar

A look at the day ahead in Asian markets from Jamie McGeever. Reports of the dollar's decline may have...

Milk and cheese drive food price inflation to 45-year high

Food prices are rising at their fastest rate for 45 years, with the cost of basics such as milk, cheese and eggs...

Stocks Halt Rout With Dollar Down Most Since 2020

Stocks rose, with traders weighing mixed jobs figures and awaiting next week’s inflation data for more clues on when the Federal Reserve would be...