(In paragraph 2, corrects to show that Waller was speaking on CNBC. Corrects paragraph 3 to read, “He also suggested the Fed could announce in September it would start to …”, not “…the Fed could start to...
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Oil falls over 3% on concerns over demand and OPEC supply boost
By Laura Sanicola NEW YORK (Reuters) -Oil prices fell more than 3% on Monday after weak economic data from China and the United States, the world’s top oil consumers, and higher crude output from OPEC producers stoked fears of...
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U.S. Treasury decreases third-quarter borrowing estimate
By Karen Brettell (Reuters) – The U.S. Treasury said on Monday it plans to borrow $673 billion in the third quarter, less than the May estimate of $821 billion, due to having a higher balance at the beginning of the quarter and...
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Factbox-Record-low rates spur Australia M&A frenzy in 2021
(Reuters) -Australia is seeing a flurry of deal-making so far this year, as record-low interest rates have given institutional investors and companies a well-funded war chest to chase higher valuations. From potentially one of...
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Wall Street falls with Amazon; S&P 500 posts sixth straight month of gains
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell on Friday and registered losses for the week as Amazon.com shares dropped after the company forecast lower sales growth, but the S&P 500 still notched a sixth...
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China buyers re-emerge, patient Fed saps dollar
By Marc Jones LONDON (Reuters) – World share markets were back on form on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus and reassurances from Beijing saw beaten-up Chinese stocks leap off the...
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