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  • Williams: Inflation and employment numbers still far from the Fed's targets

    4 May 2021 01:23 PM |

    John Williams, President of the Federal Reserve Bank of New York, said yesterday that while the US economy is likely to have a very strong year, there is still no imminent need

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  • Oil surged amid optimism about global demand growth

    4 May 2021 11:33 AM |

    Oil prices rose today, after the United States eased further lockdowns and the European Union sought to lure travelers

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  • Oil continues to rally as markets confident about global demand recovery

    28 Apr 2021 11:09 AM |

    Oil prices rose today, amid optimistic expectations of a recovery in global fuel demand, while the rapid spread of Coronavirus infections in India and the increase in US crude inventories

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  • US durable goods orders rebounded in March

    26 Apr 2021 03:19 PM |

    Long-term US durable goods orders rebounded in March after a weak performance the previous month, but a shortage of key supplies continues to hold back manufacturers as they

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  • UK economy to grow at the fastest rate on record

    26 Apr 2021 01:23 PM |

    Ernst & Young raised its UK economy growth forecast for 2021 from 5% to 6.8%, which is the fastest rate of growth since the official records began. UK GDP contracted by a record 9.9% last year

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  • Credit Suisse boosts its capital in the wake of the Archegos crisis

    22 Apr 2021 01:49 PM |

    Credit Suisse will raise more than $ 2 billion to bolster its capital base after it was hit by another US investment fund, Archegos. The demise of Archegos

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  • The Canadian dollar rose strongly after BoC decisions

    22 Apr 2021 11:13 AM |

    The Canadian dollar managed to record its biggest rise since June 2020 against its US counterpart yesterday, and the Canadian stock market rebounded,

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  • Crude oil falls for the second day in a row as COVID-19 cases rise in India

    21 Apr 2021 03:25 PM |

    Oil prices fell for a second day, influenced by fears that a rise in cases of Coronavirus in India would reduce fuel demand in the world's third largest oil importer.

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