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Asian Markets Soar to Two-Month High Amid China's Economic Upswing

China s robust industrial and retail sectors have boosted investor confidence in the Asian market, mirrored in the significant gains in major indexes such as Hong Kong s Hang Seng and Japan s Nikkei. Moreover, Australian and South Korean bond markets have experienced growth, while the currency market has shown a weakening trend for the US dollar. ....

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Inflation Still Too High for Average American to Bear – Fed Officials

Federal Reserve officials reinforced Chairman Jerome Powell’s earlier verdict that inflation was still too much for the average American to bear, and that interest rate hikes were probably needed well into 2024. ....

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Is the US Federal Reserve Done With Hikes?

The Fed is widely expected to approve the 11th interest rate hike since March 2022 this on July 26, taking the borrowing rate to its highest level in 22 years. What risks is the move fraught with? ....

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Oil edges up on supply cuts, demand hopes - Markets

LONDON: Oil prices were little changed on Tuesday as traders weighed supply cuts by the world’s biggest oil. ....

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Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts - Markets

NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling U.S. dollar, hopes for. ....

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