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Confidence among Japanese manufacturers hit a more than three-and-half-year high in August and service-sector sentiment turned positive, the Reuters Tankan poll showed, suggesting the economy was shaking off the drag from the COVID-19 slump. ....
At the gas pumps and in the grocery store, on their utility bills and especially when looking for housing, Canadians are feeling the pinch of red-hot inflation and that could hurt the ruling Liberals in an upcoming federal election. ....
Oil prices fell for a sixth day, the longest losing streak since February 2020, as a spike in COVID-19 cases worldwide fuelled fears over slower fuel demand while a surprise build in U.S. gasoline inventories added to pressure. ....
Red-hot Australian house prices will heat up even more this year and next thanks to super-low borrowing costs and a lack of available homes, making affordability even worse, a Reuters poll found. ....
Crude prices fell for a fifth day on Wednesday, as investors remain worried about the outlook for fuel demand as COVID-19 cases surge worldwide just as more supply reaches the market from large global producers, including the United States. ....