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ECB’s Wunsch says weaker euro may take edge off US tariffs By Reuters

ECB’s Wunsch says weaker euro may take edge off US tariffs By Reuters

By Divya Chowdhury and Francesco Canepa MUMBAI (Reuters) -A weaker euro falling to parity with the dollar would cushion the impact of any new U.S. tariffs on euro zone growth although it would push up…

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Canada PM Trudeau reflecting on criticism amid leadership crisis, says ally By Reuters

Canada PM Trudeau reflecting on criticism amid leadership crisis, says ally By Reuters

By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is reflecting on complaints about his leadership by legislators from the ruling Liberal Party who are unhappy that Finance Minister Chrystia Freeland quit, a close…

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Fed meeting, Nvidia correction, DAX weakness

Fed meeting, Nvidia correction, DAX weakness

Investing.com — Wall Street is seen trading slightly lower Tuesday ahead of the start of the last Federal Reserve policy meeting of the year. Nvidia shares have entered correction territory, while the German DAX could…

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Banxico to cut by 25 bps- analyst By Investing.com

Banxico to cut by 25 bps- analyst By Investing.com

Bank of America projects that the Bank of Mexico (Banxico) would reduce its policy rate by 25 basis points, bringing it down to 10.00% at the upcoming meeting on December 19. The financial institution anticipates…

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ECB should keep cutting rates in small steps, Kazimir says By Reuters

ECB should keep cutting rates in small steps, Kazimir says By Reuters

FRANKFURT (Reuters) – The European Central Bank should continue to cut interest rates in small steps and resist the temptation of trying to prop up growth in a currency bloc that suffers largely from structural…

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South Korea’s acting president moves to reassure allies, calm markets after Yoon impeachment By Reuters

South Korea’s acting president moves to reassure allies, calm markets after Yoon impeachment By Reuters

By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies and calm financial markets a day after President Yoon Suk Yeol was impeached…

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Breaking down AI’s impact on multiple levels By Investing.com

Breaking down AI’s impact on multiple levels By Investing.com

Investing.com — Artificial intelligence (AI) technology is expected to profoundly transform the global economy in the coming years, with the U.S. at the forefront. In a recent extensive report, TD Cowen analysts highlighted key themes…

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Trump considers privatizing US Postal Service, Washington Post reports By Reuters

Trump considers privatizing US Postal Service, Washington Post reports By Reuters

(Reuters) -U.S. President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the U.S. Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter. The U.S.…

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UBS analyzes the timeline for a new trade war and its key implications By Investing.com

UBS analyzes the timeline for a new trade war and its key implications By Investing.com

Investing.com — The timeline for a potential new trade war, as discussed by analysts at UBS, appears to hinge on a multi-phased process reflecting both political maneuvering and economic impacts.  UBS analysts categorize the progression…

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Dollar set for best week in a month on cautious Fed outlook for 2025 By Reuters

Dollar set for best week in a month on cautious Fed outlook for 2025 By Reuters

By Hannah Lang NEW YORK (Reuters) -The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year,…

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