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Asian markets are set to benefit from a weaker US labour market, which has heightened expectations of interest rate cuts by the US Federal Reserve. The latest payroll data from the US showed job gains ...
The gains tracked a rally on Wall Street, where traders rediscovered their mojo following Friday's sell-off that was fuelled by news that fewer-than-expected American jobs were created in July, while ...
The dollar edged up against the euro and the yen, but remained within striking distance of Friday’s lows, after weak U.S.
Data on Friday showed U.S. employment growth undershot expectations in July while the nonfarm payrolls count for the prior ...
Emkay Global noted argued that the first leg of US fixing its current account deficit (CAD) would mostly emanate from the ...
“Therefore, a rate cut in the upcoming policy meeting appears unlikely. Given the incomplete transmission of the previous ...
Before Trump’s announcement, most economists expected no change in rates following the governor’s cautious stance in the June ...
Santanu Sengupta, Chief India Economist at Goldman Sachs, said that the central bank’s communication will be more crucial ...
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground ...
The Fed is expected to cut interest rates by 25 basis points in September, with a 94.4% probability, according to CME's ...
The Canadian Press on MSN53m
Asian shares advance, tracking rally on Wall StreetAsian shares advanced on Tuesday, following U.S. stocks higher after they won back most of losses last week that were capped by a sell-off driven by weak U.S. jobs data.
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