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Weak economic data sends sterling to new lows against dollar

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Weak economic data sends sterling to new lows against dollar

Pound and US dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register May 12 (Reuters) – Sterling fell to a fresh two-year low against the US dollar on Thursday after a slew of data pointed … Read more

Analysis: Pain not over for the US bond market but some of it yields nearing their peaks

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Analysis: Pain not over for the US bond market but some of it yields nearing their peaks

An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS / Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – Interest rate jitters keep hammering the US bond market but some investors are starting to think a possible slowdown in price pressure as … Read more

Zimbabwe’s bank lending freeze will worsen economic crisis -business chamber

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Zimbabwe’s bank lending freeze will worsen economic crisis -business chamber

May 9 (Reuters) – Zimbabwe’s decision to suspend bank lending in a desperate bid to arrest the rapid devaluation of its currency will worsen the economic crisis and expose borrowers to predatory loans, the country’s business chamber said on Monday. “Surely, this is not an ideal measure to control the growth in broad money supply,” … Read more