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4 weeks ago | 
gurutrade.com | Stefano Rebaudo |Jamie Freed |Bernadette Baum |Hugh Lawson
US dollar edges up as tariff uncertainty is expected to linger
BofA data reveals official sector selling of euro
Sterling down after CPI, UK budget update in focus
Euro close to its 3-week low
March 26 (Reuters) - The U.S. dollar edged up on Wednesday as investors weighed up uncertainty about the U.S. economic outlook and speculation over the timing and scale of potential U.S. tariffs.
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1 month ago | 
marketscreener.com | Karen Brettell |Hugh Lawson
* Traders bet on dovish tone from Fed's Powell on Wednesday* U.S. single-family homebuilding rebounds in February* Treasury sees strong demand for 20-year bonds NEW YORK, March 18 (Reuters) - U.S. Treasury yields fellon Tuesday as traders bet that Federal Reserve Chair JeromePowell will adopt a relatively dovish tone when he speaks at theconclusion of the U.S. central bank's two-day policy meeting onWednesday.
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1 month ago | 
gurutrade.com | Yadarisa Shabong |Alun John |Hugh Lawson
March 14 (Reuters) - Sterling lost some ground versus the dollar on Friday after data painted a grim picture of the British economy, and it softened against the euro as prospects of a German debt deal lifted the shared European currency.
The British pound fell as much as 0.25% to $1.2918 before clawing its way back up to $1.2943. But it was still not far off its four-month peak of $1.2990 hit on Wednesday.
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1 month ago | 
gurutrade.com | Ariba Shahid |Hugh Lawson |Christina Fincher
KARACHI, March 3 (Reuters) - Pakistan's annual inflation rate slowed to 1.5% in February, the lowest in nearly a decade and below the finance ministry's estimates, data from the statistics bureau showed on Monday.
Inflation has cooled significantly, easing from 23.1% in February 2024.
Consumer prices in February fell 0.8% from the month before, according to the Pakistan Bureau of Statistics.
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2 months ago | 
gurutrade.com | Stefano Rebaudo |Hugh Lawson
Feb 11 (Reuters) - Sterling edged down versus the euro and was unchanged against the dollar as investors awaited economic data on both sides of the Atlantic and a speech from Bank of England Governor Andrew Bailey later in the day.
BoE policymaker Catherine Mann said that UK price rises in the year ahead would be consistent with the bank's target, the FT reported.
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2 months ago | 
gurutrade.com | Alun John |Hugh Lawson
LONDON, Feb 10 (Reuters) - The pound held steady on Monday against both the euro and dollar, largely sitting out the latest round of tariff volatility as traders awaited a speech by hawk-turned-dove Bank of England policymaker Catherine Mann and business activity data.
The pound was last up 0.08% on the dollar at $1.2407, broadly in the middle of its recent range. It was also flat on the euro at 83.2 pence to the common currency.
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Jan 21, 2025 | 
gurutrade.com | Nikhil Sharma |Pranav Kashyap |Shinjini Ganguli |Hugh Lawson
Orsted tumbles after posting $1.69 bln impairment charge
Automakers down on Trump's tariff threats
Avanza Bank jumps after Q4 results beat
STOXX up 0.4% at a three-month high
Jan 21 (Reuters) - European shares rose on Tuesday, buoyed by gains in the healthcare and luxury sectors, but the uptick was tempered by lingering uncertainties over U.S. President Donald Trump's proposed tariff measures following his inauguration.
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Jan 9, 2025 | 
gurutrade.com | Ricardo Figueroa |Natalia Siniawski |Hugh Lawson
Jan 9 (Reuters) - Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.
Annual headline inflation in Latin America's second-largest economy hit 4.21% last month, INEGI data showed, below the 4.28% expected by economists in a Reuters poll and down from the November figure of 4.55%.
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Dec 9, 2024 | 
insideretail.asia | Chayut Setboonsarng |Panarat Thepgumpanat |Hugh Lawson |Nicole Kirichanskaya
Thailand has recorded a 20 per cent drop in low-quality imports, mostly from China since introducing steps to curb cheap Chinese imports that were hurting business in Southeast Asia’s second-largest economy, a government spokesperson said on Monday. Cheap goods from China have upended local manufacturing and businesses, contributing to a slew of factory closures and job loss, with business calling for government action.
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Nov 6, 2024 | 
gurutrade.com | Suban Abdulla |Hugh Lawson
LONDON, Nov 6 (Reuters) - Growth in activity among British construction firms hit a 10-month low in October and house-building slowed for the first time since June, according to a survey that underscores the challenge facing the new government that wants to speed up building of homes.
The S&P Global/CIPS UK Construction Purchasing Managers' Index slowed to 54.3 last month, below September's 29-month high of 57.2 - and lower than economists' average expectation of 55.5 in a Reuters poll.
