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Dollar rises to 2-week high, Middle East conflict and rate paths in focus
Sept 2 : The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.Iran and its Arab neighbours were plunged back into war on Wednesday by the bigge
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Stocks slide, bond rout deepens as US and Iran trade attacks
Sept 2 : World stocks fell on Wednesday as fresh U.S. airstrikes on Iran pushed oil prices to five-week highs, stoking inflation concerns and extending a global bond selloff.The U.S. struck Iranian military targets near the Strait of Hormuz, while Tehran said it had targeted U.S. assets across the region, mar
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Stocks fall, bond rout deepens as US and Iran trade attacks
Sept 2 : World stocks fell on Wednesday as fresh U.S. airstrikes on Iran pushed oil prices to five-week highs, stoking inflation concerns and extending a global bond selloff. The U.S. struck Iranian military targets near the Strait of Hormuz, while Tehran said it had targeted U.S. assets across the region,
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Dollar hits two-week high, Middle East conflict and rate paths in focus
(Corrects milestone to ‘two-week high’, not ‘seven-week high’, in headline and first paragraph)By Stefano Rebaudo and Satoshi SugiyamaSept 2 : The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and we
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Dollar hits 7-week high, Middle East conflict and rate paths in focus
Sept 2 : The dollar hit a seven-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.The U.S. and Iran found themselves back on a war footing on Wednesday after the
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Dollar steadies near two-week high as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held near a two-week high on Wednesday as renewed hostilities in the Middle East drove oil prices higher, reviving inflation concerns and adding upward pressure on bond yields.The dollar index, which measures the greenback against a basket of currencies including the yen and the eur
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Dollar holds firm at nearly two-week high as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held near a two-week high on Wednesday as renewed hostilities in the Middle East drove oil prices higher, reviving inflation concerns and adding upward pressure on bond yields.The dollar index, which measures the greenback against a basket of currencies including the yen and the eur
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Dollar holds firm as Middle East hostilities lift oil
TOKYO, Sept 2 : The dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns.The currency’s safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as recent economic da
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South Korea inflation quickens on one-off factor, misses expectations
SEOUL, Sept 2 : South Korea’s consumer inflation quickened in August due to low-base effects from the previous comparable period a year ago, data showed on Wednesday, but was lower than expectations.The consumer price index (CPI) rose 3.1 per cent in August from a year earlier, after climbing 2.8 per cent in
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Dell again lifts annual forecasts as AI demand powers record results
Sept 1 : Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers.Dell’s shares rose 7 per cent in extended trading.The servers, equipped with Nvidia’s chips, are soug
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