[Tree] Global stock market decline amid fears of US recession and strategies for navigating a US recession through drinking
Version 2.11 (2024-08-05 12:04:32.148000)
updates: Integration of strategies for navigating a US recession through drinking
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Version 2.1 (2024-08-05 11:15:50.831000)
updates: New information about the underwhelming US job market report
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Version 2.09 (2024-08-05 11:11:05.189000)
updates: Updated information on global stock market decline and US recession fears
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Version 2.08 (2024-08-05 11:01:30.958000)
updates: Integration of new information about the global stock market decline triggered by US jobs data
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Version 2.07 (2024-08-05 10:58:24.482000)
updates: The story now includes information about the decline in European stock markets and the growing concerns about a potential global recession
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Version 2.06 (2024-08-05 10:26:16.744000)
updates: Taiwan stock market decline amid U.S. economic concerns
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Version 2.05 (2024-08-05 10:23:50.333000)
updates: Stock market declines in Asia and Europe due to weak US jobs data
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Version 2.04 (2024-08-05 10:15:16.027000)
updates: Updated information on Asian stock market crash
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Version 2.03 (2024-08-05 10:04:13.438000)
updates: Inclusion of information about other markets in the region and European and U.K. markets falling
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Version 2.02 (2024-08-05 10:03:12.623000)
updates: Tokyo stock market decline, additional details on US economy concerns
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Version 2.01 (2024-08-05 09:15:03.002000)
updates: Japanese stock market plunges over 20% as global market volatility persists
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Version 2.0 (2024-08-05 08:59:25.966000)
updates: The Tokyo stock market experienced a significant decline. The decline in stock prices was attributed to several factors, including slower hiring in the US and the Bank of Japan's decision to raise interest rates. The fear of a US recession is driving the decline. Pessimistic forecasts estimate the probability of a US recession at 25 percent and 50 percent. Other markets, including China and Taiwan, have also experienced sell-offs. Bitcoin has dropped to $53,000.
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Version 1.99 (2024-08-05 08:08:30.378000)
updates: Added information about the extent of the stock market crash in Japan and the reasons behind it
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Version 1.98 (2024-08-05 08:07:50.796000)
updates: Asian stock market decline, concerns over US economy
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Version 1.97 (2024-08-05 08:02:43.174000)
updates: Updated information on the decline in the Tokyo stock market and the factors contributing to it
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Version 1.96 (2024-08-05 07:13:18.050000)
updates: Updated information on the decline in the Tokyo stock market and the factors contributing to it
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Version 1.95 (2024-08-05 07:04:38.456000)
updates: Tokyo stock market plummets with Nikkei 225 recording largest drop in history
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Version 1.94 (2024-08-05 06:15:22.430000)
updates: Japan's Nikkei 225 index falls 8% on Monday; The broader TOPIX index also falls 8%; Concerns about the state of the US economy contribute to the sell-off; The Bank of Japan raised its benchmark interest rate; Other Asian markets also experience losses; Indian stock market also affected by global sell-off; US recession fears fuel global stock market decline
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Version 1.93 (2024-08-05 06:02:21.892000)
updates: The Nikkei 225 index plunged nearly 13% on Monday, extending sell-offs from the previous week. The TOPIX index fell 11.5% as selling intensified.
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Version 1.92 (2024-08-05 05:03:48.777000)
updates: Updated information on the stock market decline in Japan and its impact on global markets
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Version 1.91 (2024-08-05 05:03:03.519000)
updates: Updated information on the plunge in Japan's Nikkei 225 index and its impact on global markets
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Version 1.9 (2024-08-05 05:00:14.945000)
updates: Updated information on the plunge of Japan's Nikkei 225 index
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Version 1.88 (2024-08-05 04:04:42.750000)
updates: The Nikkei 225 index continues to drop, reflecting concerns over the US economy
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Version 1.87 (2024-08-05 04:01:13.426000)
updates: Updated information on the decline of the Nikkei 225 index and its causes
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Version 1.86 (2024-08-05 02:59:17.762000)
updates: Japanese stocks experience significant drop, leading to broader selloff in equities
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Version 1.85 (2024-08-05 02:09:10.917000)
updates: Japanese stocks experience significant drop, leading to broader selloff in equities
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Version 1.84 (2024-08-05 02:02:42.482000)
updates: Tokyo stocks plunge 7% on resurgent yen and poor US jobs data
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Version 1.83 (2024-08-05 01:59:45.116000)
updates: Updated information on the decline of Japan's Nikkei 225 index
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Version 1.82 (2024-08-05 01:58:36.186000)
updates: Updated information on the ongoing sell-offs in the global stock markets, including the decline in the Nikkei 225 index, the reasons behind the drop, and the impact on other markets. Added information on the concerns about the US economy, the appreciation of the yen against the dollar, and the fears of new COVID-19 variants. Mentioned the decline in the index as the second-largest points drop in its history and the lowest level in three months. Included the latest news source and its specific information.
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Version 1.81 (2024-08-05 01:06:32.198000)
updates: The Nikkei 225 index drops nearly 5% due to concerns over the US economy, extending the ongoing sell-offs
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Version 1.8 (2024-08-05 01:05:46.115000)
updates: Updated information on the decline of Japan's Nikkei 225 index and the ongoing sell-offs driven by concerns over the US economy
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Version 1.79 (2024-08-05 01:02:11.826000)
updates: New information on the decline of the Nikkei 225 index due to COVID-19 concerns
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Version 1.78 (2024-08-05 01:01:03.147000)
updates: The Nikkei 225 index dropped nearly 5% on August 5th, extending the ongoing sell-offs driven by concerns over the US economy. The sell-offs continue as concerns about the US economy stoke fears among investors. The sharp decline in the Nikkei 225 index is the second-largest points drop in its history. The appreciation of the yen against the dollar has further added to the turbulence in global markets, negatively affecting Japanese stocks and causing a ripple effect on other markets, including India.
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Version 1.77 (2024-08-04 14:08:41.898000)
updates: Inclusion of information about the influence of US recession fears and Fed rate cuts on the Indian market
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Version 1.76 (2024-08-04 12:04:20.383000)
updates: Integration of analyst's perspective on U.S. recession fears fueling global stock market decline
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Version 1.75 (2024-08-03 20:03:03.296000)
updates: Integration of new information about the global sell-off, the impact on Japanese stocks, and the concerns about a US recession and its impact on India
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Version 1.74 (2024-08-03 17:11:17.599000)
updates: Integrates information about the impact on India and the need for monitoring global markets
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Version 1.73 (2024-08-03 11:59:34.533000)
updates: Includes information on the factors contributing to the stock market plunge in Tokyo, such as concerns about the US economy and yen appreciation
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Version 1.72 (2024-08-03 02:00:53.217000)
updates: Tokyo stocks experience historic drop, Nikkei falls 5.81%
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Version 1.71 (2024-08-02 12:04:57.299000)
updates: Incorporated information about Tokyo leading the global equities sell-off and the impact of a stronger yen on Japanese stocks
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Version 1.69 (2024-08-02 09:03:24.893000)
updates: Updated information on global stock market sell-off and US-China trade war concerns
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Version 1.68 (2024-08-02 09:02:52.597000)
updates: Nikkei Average suffers second-biggest point loss ever
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Version 1.67 (2024-08-02 09:02:08.841000)
updates: Global shares plunge amid growing fears of American reverse
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Version 1.66 (2024-08-02 09:00:59.306000)
updates: Global shares plunge amid growing fears of American reverse
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Version 1.65 (2024-08-02 08:58:32.670000)
updates: Stock market decline, economic weakness, interest rates, technology sector
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Version 1.64 (2024-08-02 08:19:32.914000)
updates: Global stock selloff intensifies, Japanese shares plunge
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Version 1.63 (2024-08-02 08:18:41.742000)
updates: Integrates new information about the global stock selloff, weak US manufacturing data, decrease in private sector job growth, and the Bank of Japan's interest rate hike
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Version 1.62 (2024-08-02 08:01:39.187000)
updates: Global stock market plunge, weaker US manufacturing data, decrease in private sector job growth, US chip titan Intel's workforce reduction
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Version 1.61 (2024-08-02 06:05:28.487000)
updates: Tokyo stocks plunged over 5% on August 2, led by a 5.8% drop in the Nikkei 225 index, following a tech-driven retreat on Wall Street. The decline was triggered by signs of weakness in the US economy, including weaker-than-expected US manufacturing data for July and a decrease in private sector job growth. Concerns over the course of the US economy were further fueled by the US factory sector shrinking faster than forecast for the fourth consecutive month. US chip titan Intel also announced a 15% reduction in its workforce, contributing to a nearly 19% decline in its shares. These factors led to a sell-off in Tokyo stocks, with major manufacturers and technology-related shares experiencing heavy selling. Other Asian markets, including Hang Seng, Shanghai Composite, Kospi, and Taiex, also suffered losses. The broader risk-off tone in the markets was driven by weak US manufacturing data and an increase in jobless claims, which may give the Federal Reserve more leeway to cut interest rates in September. Japanese exporters are particularly vulnerable to the appreciation of the yen, as it erodes the value of their overseas earnings. The decline in Tokyo stocks reflects dampened investor sentiment and rising concerns about the US economy. The Bank of Japan's decision to hike interest rates for the second time in 17 years also contributed to the sell-off. Overall, the global stock market decline and economic concerns have led to a volatile trading environment, with commodity prices fluctuating and oil prices surging.
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Version 1.6 (2024-08-02 04:12:03.548000)
updates: Tokyo stocks fell more than five percent on August 2 after Wall Street shares tumbled over concerns about the US economy. The US factory sector shrunk faster than forecast in July for the fourth consecutive month. The private sector added 122,000 jobs in July, down from June’s revised 155,000 figure. US chip titan Intel will slash more than 15 percent of its workforce as it streamlines operations. Tokyo Electron lost 10 percent and Sony shed more than six percent. Hong Kong and Sydney were off more than two percent, while Seoul and Taipei shed more than two percent. The Bank of Japan hiked interest rates for the second time in 17 years. Japanese shares fell for a second straight day on expectations of further monetary tightening in the country; The Topix index fell as much as 5.7%, the most since 2020; The MSCI Asia Pacific Index fell nearly 3%, its biggest loss in more than two years; Treasuries extended a rally in Asia, with the policy-sensitive two-year yields hitting a 14-month low; The broader risk-off tone came after data showed weekly U.S. jobless claims hit a near-year high, while manufacturing shrank; Japanese exporters are particularly vulnerable to the yen’s appreciation as it erodes the value of their overseas earnings; Contracts for the S&P 500 and Nasdaq 100 indexes also fell on Friday; The yen snapped a three-day gain, a rally that had pushed the currency to around 149 per dollar; Economists expect a moderation in job growth in the government’s July employment report due out Friday; In commodities, oil rose after falling on Thursday amid concerns that tensions in the Middle East could affect supplies.
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Version 1.59 (2024-08-02 04:02:08.590000)
updates: Tokyo stocks fell over 5% on concerns about the US economy
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Version 1.58 (2024-08-02 02:59:37.725000)
updates: Tokyo stocks plunged over 2,000 points in morning trading
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Version 1.57 (2024-08-02 02:00:58.338000)
updates: Tokyo stocks plunged on weaker US manufacturing data
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Version 1.54 (2024-07-17 02:56:01.134000)
updates: The Dow Jones Industrial Average hits a record high. The Russell 2000 closes higher for the fifth straight day. Retail sales data supports the view that the Federal Reserve is approaching its easing cycle.
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Version 1.53 (2024-07-17 02:54:57.653000)
updates: Incorporated information about positive retail sales data and its impact on the market
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Version 1.52 (2024-07-17 00:58:41.783000)
updates: Inclusion of retail sales data and its impact on the stock market
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Version 1.51 (2024-07-17 00:55:13.702000)
updates: Inclusion of details about the Dow hitting a record high and small caps surging on rate cut bets
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Version 1.5 (2024-07-16 22:54:11.281000)
updates: Updates on the Dow's surge, small caps reaching a record high, political developments, and the market's positive sentiment
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Version 1.49 (2024-07-16 20:59:33.616000)
updates: US stock market rises on robust retail sales data and rate cut expectations
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Version 1.48 (2024-07-16 20:59:01.917000)
updates: Wall Street stocks rise, Dow hits record high, small caps surge on rate cut bets
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Version 1.47 (2024-07-16 19:59:03.877000)
updates: Global stock indexes react to robust US retail sales data
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Version 1.46 (2024-07-16 17:00:38.114000)
updates: Global stock indexes rose, US dollar gained strength, investors anticipate Fed rate cut in September, market implications of Trump presidential victory
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Version 1.45 (2024-07-16 16:58:02.915000)
updates: US stocks rise on retail sales surprise, rate-cut hopes
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Version 1.44 (2024-07-16 16:56:43.263000)
updates: Dow rally drives Wall Street higher, rate-cut hopes stay strong
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Version 1.43 (2024-07-16 15:55:35.371000)
updates: Dow Jones Industrial Average soars over 500 points
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Version 1.42 (2024-07-16 10:54:27.402000)
updates: Fed Chair Powell signals rate cuts, Trump's Truth Social platform sees significant increase, Burberry and Macy's stocks decline
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Version 1.41 (2024-07-16 09:54:54.766000)
updates: Global stocks mixed ahead of US retail sales data
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Version 1.4 (2024-07-16 08:55:07.908000)
updates: Updated information on stock market performance, tech stocks, interest rates, earnings reports, and economic growth
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Version 1.39 (2024-07-15 22:54:26.327000)
updates: Includes details about the stock market's performance, earnings reports, and individual company updates
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Version 1.38 (2024-07-15 21:56:22.954000)
updates: Incorporated information about the stock market's performance on Friday and Monday, including the Dow Jones Industrial Average closing above 40,000 points for the first time in two months and the recent rally fueled by tech stocks and hopes of a Fed rate cut. Added details about specific stocks, such as Wells Fargo, Bank of New York Mellon, Novo Nordisk, and Apple. Mentioned the yield on 10-year Treasurys and the stock futures pointing to a higher open. Included information from the VillageReport article about the US stock market continuing to rise and being on track for record closing highs. [c8db2acf]
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Version 1.37 (2024-07-15 19:55:30.745000)
updates: Updates on US stock market performance and record highs
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Version 1.36 (2024-07-15 18:56:30.969000)
updates: Includes information about Apple's stock hitting an all-time high and other stock market updates
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Version 1.35 (2024-07-15 18:54:50.307000)
updates: Updates on stock market performance, earnings reports, and Federal Reserve
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Version 1.34 (2024-07-15 17:54:53.212000)
updates: Updates on stock market performance, Wall Street momentum, and Donald Trump's influence
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Version 1.33 (2024-07-15 12:56:58.349000)
updates: Positive economic data and upcoming earnings reports contribute to the stock market's rise
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Version 1.32 (2024-07-13 01:58:29.079000)
updates: Dow Jones closes above 40,000 points for the first time in two months
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Version 1.31 (2024-07-12 09:01:09.828000)
updates: Stocks turned sour with heavy selling in technology stocks. Small caps gained. Yen volatility jumps on softer inflation and suspected intervention. Gold and oil surge amid softer CPI data and rate cut optimism. S&P 500 retreats from record as investors sell high-flying Big Tech stocks.
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Version 1.3 (2024-07-12 01:58:31.216000)
updates: S&P 500 and Nasdaq ended their streak of record highs due to easing US inflation
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Version 1.29 (2024-07-11 20:57:17.956000)
updates: S&P 500 and Nasdaq snap multiday run of records
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Version 1.28 (2024-07-11 20:55:42.889000)
updates: European futures and Asian stocks gain ahead of U.S. inflation data
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Version 1.27 (2024-07-11 13:55:09.914000)
updates: CPI report shows easing June inflation, Treasury yields fall, Nvidia leads chip stocks higher, housing-related shares jump, Pfizer rises, Delta Air Lines slides, PepsiCo shares slip, dollar index reaches lowest level in four weeks, Citigroup fined $60.6 million
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Version 1.26 (2024-07-09 21:57:32.312000)
updates: S&P 500 posts longest winning run since January
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Version 1.25 (2024-07-09 20:57:50.552000)
updates: The S&P 500 and Nasdaq continue to reach record highs as rate cut hopes remain intact after Powell's testimony to Congress.
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Version 1.24 (2024-07-09 17:55:29.945000)
updates: S&P 500 hits record high, Powell warns on rates
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Version 1.23 (2024-07-09 09:54:46.748000)
updates: Nikkei index hits record high, supported by semiconductor shares
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Version 1.22 (2024-07-09 09:54:24.425000)
updates: Global shares mixed as investors await Powell's testimony
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Version 1.21 (2024-07-09 08:59:59.390000)
updates: Added information about concerns over Powell's testimony
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Version 1.2 (2024-07-09 07:56:04.516000)
updates: Added information about Asian shares rising on hopes for a dovish stance from Powell
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Version 1.19 (2024-07-09 05:55:03.464000)
updates: Asian shares rise on hopes for dovish stance from Powell
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Version 1.18 (2024-07-09 04:53:57.738000)
updates: Asian shares rise, Nikkei hits record high, Powell's congressional appearance, US consumer price report
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Version 1.17 (2024-07-09 03:57:19.079000)
updates: Asian shares rise on hope for dovish stance from Powell
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Version 1.16 (2024-07-09 02:55:20.235000)
updates: Asian shares track Wall Street higher, markets hope for dovish stance from Powell
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Version 1.15 (2024-07-07 21:54:54.519000)
updates: Global stock markets rise despite US economic slowdown
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Version 1.14 (2024-07-03 09:01:07.446000)
updates: US stocks rally after Chairman Powell's comments
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Version 1.13 (2024-07-02 18:55:27.160000)
updates: Updates on US economic growth, political concerns, and global markets
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Version 1.12 (2024-07-02 15:53:54.763000)
updates: Federal Reserve Chairman Jerome Powell states disinflationary trend resuming
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Version 1.11 (2024-07-02 10:56:29.557000)
updates: Updates on US economic growth and political concerns
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Version 1.1 (2024-07-02 01:59:01.676000)
updates: Asian stocks fluctuate as traders weigh Trump win
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Version 1.09 (2024-07-01 21:57:29.956000)
updates: Global stock markets surge amidst France's elections and upcoming US economic data
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Version 1.08 (2024-06-30 11:55:47.839000)
updates: Updates on global stock markets, Australian shares, and US election odds
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Version 1.07 (2024-06-29 09:54:00.759000)
updates: Global stock markets end first half with tepid economic data and US debate fallout
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Version 1.06 (2024-06-29 06:55:00.174000)
updates: US inflation falls to three-year low, interest rate cut expected in September
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Version 1.05 (2024-06-28 20:58:08.343000)
updates: Stock market reaction to political uncertainty and mixed economic signals
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Version 1.04 (2024-06-28 20:56:50.397000)
updates: US stock markets react to inflation data and presidential debate
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Version 1.03 (2024-06-28 01:59:47.585000)
updates: Updates on US stock markets, PCE Index data, Micron, Walgreens Boots Alliance, gold prices, US dollar, DAX, KNDS, Bolivia, Princess Diana, Joe Biden, Donald Trump
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Version 1.02 (2024-06-28 00:57:14.317000)
updates: Updates on Australian share market and European share markets
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Version 1.01 (2024-06-28 00:56:26.262000)
updates: Added information about US stock futures and the upcoming Presidential debate
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Version 1.0 (2024-06-28 00:56:04.401000)
updates: Asian stocks rise, Treasuries rally ahead of US PCE data
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Version 0.99 (2024-06-20 16:54:50.703000)
updates: Wall Street follows world stocks higher on AI and rate cut hopes
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Version 0.98 (2024-05-30 04:53:05.464000)
updates: Updates on European shares, U.S. bond yields, U.S. Federal Reserve, Treasury yields, dollar, oil, gold, BHP Group, Anglo American, U.S. economy, Meta Platforms, Gaza, Elon Musk
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Version 0.97 (2024-05-30 02:52:53.271000)
updates: Asian stocks and bonds slump amid global rates angst
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Version 0.96 (2024-05-30 01:52:57.229000)
updates: Asian stocks fall on concerns about higher yields and dollar strength
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Version 0.95 (2024-05-29 04:54:11.884000)
updates: FTSE 100 expected to open lower, Asian markets slide on inflation fears
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Version 0.94 (2024-05-29 03:55:05.128000)
updates: Asian markets retreat on US rate concerns, oil rallies after attack
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Version 0.93 (2024-05-28 07:55:25.556000)
updates: Added information about Asian currencies and rate cuts
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Version 0.92 (2024-05-28 06:53:59.713000)
updates: Asian shares edged higher as expectations of an imminent European rate cut lifted risk appetite
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Version 0.91 (2024-05-28 05:59:23.249000)
updates: Asian markets mixed amid US Memorial Day holiday
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Version 0.9 (2024-05-28 05:56:45.034000)
updates: Includes information on equities and forex markets amid US and UK holidays
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Version 0.89 (2024-05-28 05:54:38.713000)
updates: Asian markets mixed as investors await US inflation data
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Version 0.87 (2024-05-28 04:52:48.038000)
updates: Asian markets mixed, dollar weakening, ECB rate cut expected
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Version 0.86 (2024-05-28 03:54:55.248000)
updates: Asian markets diverge, dollar weakens ahead of US inflation data
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Version 0.85 (2024-05-28 02:57:43.684000)
updates: Asian shares drift after rally, Wall Street reopens in focus
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Version 0.84 (2024-05-28 02:55:03.987000)
updates: Asian and European stock markets rose today as investors awaited fresh U.S., European, and global inflation data for more clarity on the outlook for interest rates. Last week, Federal Reserve officials warned they wanted more evidence that prices were being brought under control, fueling worries they might not cut interest rates this year. The S&P 500 and Nasdaq both benefited from figures showing one-year expectations for prices edged down slightly, while consumer sentiment picked up. Asian markets were also boosted by news that profits at China's industrial companies rose in April. European markets rose despite a survey showing German business sentiment stagnated in May. London and Wall Street were closed for a holiday. Focus is now turning to the release of the U.S. personal consumption expenditures (PCE) index, which is the Fed's preferred gauge of inflation. Eurozone inflation data for May will be released on Friday. Oil prices extended last week's gains ahead of a key June 2 meeting of OPEC and other major producers. In company news, the stock price of Evergrande New Energy Vehicle, the electric vehicle arm of China's Evergrande, more than doubled after it emerged liquidators were in talks with potential buyers. European stocks rose after an ECB official indicated possible interest rate cuts starting next month. US and UK markets were closed for holidays. US stock futures were flat and the dollar gauge fell. The ECB should not rule out cutting borrowing costs at its June and July meetings. A rate cut in June was widely announced, but subsequent steps are uncertain. Inflation data this week may show a rise in the eurozone. Gold rose and copper futures fell. Oil advanced after the biggest weekly loss in four weeks. The IMF is holding discussions with Ukrainian authorities for an economic policies review. Key events this week include presidential elections in South Africa, the release of the Fed's 'Beige Book' economic survey, and GDP data for Canada, the Eurozone, and Turkey. S&P 500 futures rose 0.2%, the MSCI World Index rose 0.2%, and the Stoxx Europe 600 index rose 0.3%. The Bloomberg Dollar Spot Index fell 0.2%. Bitcoin and Ethereum both rose 2.6%. China-related equities are expected to gain, while other Asian stocks are muted ahead of global inflation data that will influence monetary policy. Shares of China's major chip stocks rose after Beijing announced a semiconductor investment fund. Oil prices are rising ahead of an OPEC+ supply meeting and the start of the summer driving season. Traders are awaiting fresh inflation data from Australia, Japan, the euro region, and the US. The ECB shouldn't rule out lowering borrowing costs at both its June and July meetings, according to Governing Council member Francois Villeroy de Galhau. Gold prices are up, while copper futures fell. Some key events this week include the IMF's discussions with Ukrainian authorities, the South African election, and GDP data for Canada, the Eurozone, and Turkey. World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months. MSCI's broadest index of stocks gained 0.2%, having slipped 0.38% last week and just shy of an all-time peak of over 796. Median forecasts expect this week will see a rise of 0.3% in the PCE price index in April according to a Reuters poll, keeping the annual pace at 2.8%, with risks on the downside. Figures for inflation in the euro zone are also due on Friday and economists believe an expected tick up to 2.5% should not stop the European Central Bank from easing policy next week. The Bank of Canada might also ease next week, while the Fed is seen waiting until September for its first move. European stocks were subdued on Monday, with several major markets closed and investors taking a cautious stance ahead of this week's inflation data. The pan-European STOXX 600 index was up 0.2% at 1228 GMT. With the U.S. and UK markets closed on Monday, trading activity was light across the board. S&P 500 and Nasdaq futures remained steady, as the market would next open on Tuesday. The Nasdaq hit record highs last week after Nvidia beat expectations. In currency markets, attention was again centred on the yen and the risk of Japanese intervention ahead of the 160.00 level. The dollar stood at 156.84 yen, having added 0.9% last week and close to its recent top of 160.245. Japan renewed its push to counter excessive yen falls during a weekend gathering of Group of Seven (G7) finance leaders, after a recent rise in bond yields to a 12-year high failed to slow the currency's decline. The euro steadied at $1.0850, and short of its recent top at $1.0895. Gold rose about 0.6% to $2,348 an ounce, having recoiled 3.4% last week and off an al-time peak of $2,449.89. Oil prices were stuck near four-month lows amid concerns about demand, as the U.S. driving season gets underway this week. Investors are waiting to see if OPEC+ will debate new output cuts at an online meeting on June 2, though analysts doubt there will be a consensus for a move. Brent was up 55 cents at $82.67 a barrel, while U.S. crude rose 55 cents to $778.27 per barrel. [03951904]
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Version 0.83 (2024-05-27 23:56:02.980000)
updates: Asian stocks rise, global inflation data awaited
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Version 0.82 (2024-05-27 23:54:09.691000)
updates: Updated information on Asian and European stock markets, ECB signaling potential rate cuts, and other market developments
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Version 0.81 (2024-05-27 18:11:17.404000)
updates: European shares edged higher after an ECB official signaled potential rate cuts starting next month. Data this week may show headline inflation in the euro region ticked up in May. Gold gained, while copper futures fell. Oil advanced after its biggest weekly loss in four. Some key events this week include IMF discussions with Ukrainian authorities, South African election, Fed releases Beige Book economic survey, and GDP data published for Canada, Eurozone, Turkey, and Japan.
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Version 0.8 (2024-05-27 18:11:01.234000)
updates: Integration of new information about European stock markets, ECB interest rate cuts, inflation data, gold and copper futures, oil prices, IMF discussions, key events, and Bitcoin and Ethereum prices
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Version 0.79 (2024-05-27 16:53:21.003000)
updates: European markets rise despite German business sentiment stagnation
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Version 0.78 (2024-05-27 15:52:47.779000)
updates: Asian markets rise, Wall Street bounce, US personal consumption expenditures index
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Version 0.77 (2024-05-27 13:55:11.686000)
updates: Asian markets, European markets, profits at China's industrial companies, German business sentiment, Eurozone inflation, Evergrande
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Version 0.76 (2024-05-27 09:53:24.357000)
updates: Asian markets rise, update on Federal Reserve's stance on interest rates, update on oil prices, update on Evergrande's stock price
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Version 0.75 (2024-05-27 08:55:09.549000)
updates: Asian markets rise, focus on US inflation and Federal Reserve's monetary policy
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Version 0.74 (2024-05-27 08:54:45.398000)
updates: Integration of Forex Signals news on quiet bank holiday
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Version 0.73 (2024-05-27 07:59:13.924000)
updates: Investors await US inflation data and ECB's rate path
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Version 0.72 (2024-05-27 07:56:41.781000)
updates: European stocks flat at open; UK and U.S. markets closed
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Version 0.71 (2024-05-27 07:55:18.412000)
updates: Integration of European market information and salmon producer decline
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Version 0.7 (2024-05-27 07:52:13.983000)
updates: Asian markets rise as traders await US inflation data and Federal Reserve update
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Version 0.69 (2024-05-27 05:59:22.857000)
updates: Asian shares rise ahead of US and EU inflation data
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Version 0.68 (2024-05-27 05:58:37.452000)
updates: Inclusion of inflation data from Eurozone and US
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Version 0.67 (2024-05-27 04:55:24.479000)
updates: Asian markets rise as traders await US inflation data
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Version 0.66 (2024-05-27 02:55:24.388000)
updates: Asian stocks rebound following easing in US consumer inflation expectations
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Version 0.65 (2024-05-27 01:56:01.263000)
updates: Updated information on Asia-Pacific markets and US indices
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Version 0.64 (2024-05-27 00:54:56.902000)
updates: Updates on Asia markets and upcoming economic data releases
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Version 0.64 (2024-05-27 00:54:56.902000)
updates: Updates on Asia markets and upcoming economic data releases
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Version 0.63 (2024-05-26 01:56:25.355000)
updates: European stocks end mixed on inflation concerns
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Version 0.62 (2024-05-26 01:53:48.299000)
updates: Updates on US and euro area inflation data, key economic data releases, and financial market performance
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Version 0.6 (2024-05-22 08:58:55.241000)
updates: Discussion of Nvidia earnings, Fed minutes, and UK inflation
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Version 0.59 (2024-05-20 09:54:50.227000)
updates: Tech stocks lead global markets, Nvidia earnings awaited, Inflation continues to slow
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Version 0.58 (2024-05-20 08:58:08.690000)
updates: Updates on US futures, interest rates, inflation, tech stocks, UCLA softball, Shohei Ohtani, Elon Musk, Jeff Bezos, gold prices, EV tariffs, and Tesla
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Version 0.57 (2024-05-20 08:52:43.315000)
updates: Updates on US futures, Nvidia earnings, Fed officials, China loan prime rate, and crude prices
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Version 0.55 (2024-05-16 09:53:18.598000)
updates: European markets lag after strong US session. Weak retail sales figure brings further questions for US economy. US markets hit record highs after lower-than-expected inflation reading. FTSE 100 hindered by heavy weighting of energy stocks. Headline CPI remains above 3% for 37 consecutive months. Markets pricing 75% chance of September rate cut. Weaker retail sales figure contributes to market optimism. Jobless claims spike to six-month high. Weakness in dollar likely to reverse if Fed pushes back against rate cut expectations. Gold price gains traction amid weaker US Dollar. Bitcoin price likely to rally back to all-time high of $73,949. Dow Jones Industrial Average sets new all-time high as rate cut hopes surge.
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Version 0.54 (2024-05-15 12:55:22.249000)
updates: European stocks mixed, eurozone economy grows 0.3%, investors await US inflation data
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Version 0.53 (2024-05-15 09:53:21.491000)
updates: Discussion of the anticipation of a fresh S&P 500 record and the importance of a crucial CPI report
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Version 0.52 (2024-05-15 06:52:16.760000)
updates: Updates on global stock markets and US inflation report
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Version 0.51 (2024-05-15 04:25:00.857000)
updates: Asian markets expected to open in upbeat mood on Wednesday due to lower U.S. bond yields and a weaker dollar; April's U.S. inflation report after Asia closes on Wednesday could impact market sentiment; U.S. producer price inflation report was mixed; Asian economic calendar does not have any major events; Japanese financial giants Mitsubishi UFJ, Mizuho, and Sumitomo are due to report full-year 2024 earnings; China may respond to new tariffs on $18 billion of Chinese imports confirmed by the Biden administration; Chinese stocks have plateaued after mixed earnings from Alibaba and Tencent; dollar gaining ground on the Japanese yen despite higher Japanese bond yields; key developments on Wednesday include Australia wage growth, Indonesia trade, and Japanese financials earnings.
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Version 0.5 (2024-05-15 03:55:37.020000)
updates: Asian stocks rise as traders weigh mixed US producer price data and brace for crucial consumer price report
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Version 0.49 (2024-05-15 02:53:40.052000)
updates: Asian markets wobbled ahead of key US inflation data later in the day. A report showing a forecast-beating rise in April wholesale prices was offset by a downward revision for the previous month. Investors were also digesting a warning from the central bank's boss that the battle against prices was proving tougher than expected. Beijing hit out at Washington's decision to impose steep tariff hikes on Chinese imports. All focus is on the release of the consumer price index (CPI), which will likely play a key role in the Fed's decision on when to start cutting interest rates. The CPI release comes after Fed chief Jerome Powell said readings at the start of the year had lowered his level of confidence that price rises would slow back down towards officials' long-term target. Asian markets were mixed, with Tokyo, Sydney, Taipei, and Jakarta rising but Shanghai, Singapore, Wellington, and Manila falling.
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Version 0.48 (2024-05-15 00:56:49.576000)
updates: US producer prices rise, Euro and pound strengthen, Canadian dollar steady, Gold gains, Oil settles lower
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Version 0.47 (2024-05-14 13:52:31.017000)
updates: Added information about the Dow struggling for direction after the PPI reading and investors awaiting the CPI release [3a431c5a]
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Version 0.46 (2024-05-14 07:53:38.406000)
updates: Inclusion of insights from German CPI and US PPI releases
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Version 0.45 (2024-05-14 05:53:24.765000)
updates: Stocks near record highs and Bill Hwang and Roaring Kitty in the headlines lend this week an air of deja vu ahead of U.S. inflation data. British labour numbers, German sentiment, U.S. producer prices, an appearance from Jerome Powell and earnings releases due through Tuesday take a back seat to Wednesday's CPI figure. As in 2021, it's expected to begin with a 3 and markets are trying to guess whether signs of inflation picking up were a blip or a trend. A downside surprise is likely to loosen the shackles on stock rallies in Hong Kong, London and New York. Currency markets were largely marking time ahead of the CPI release with the dollar trading firmly and pushing the yen to its weakest since it was swinging wildly at the start of May, when traders reckoned Japanese authorities had intervened. GameStop (NYSE:) and other so-called meme stocks soared Monday after flag bearer Roaring Kitty - real name Keith Gill - posted on X.com for the first time in three years, in perhaps a hint at the froth that could be unleashed if CPI undershoots.
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Version 0.44 (2024-05-14 04:52:19.723000)
updates: Asian markets cautious ahead of US inflation data
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Version 0.43 (2024-05-14 03:54:13.951000)
updates: Asian traders bide their time ahead of key US inflation data
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Version 0.42 (2024-05-14 01:54:29.738000)
updates: Added information about anticipation of China tariff news
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Version 0.41 (2024-05-13 23:55:39.145000)
updates: Global stock markets cautious, US inflation data awaited
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Version 0.39 (2024-05-13 21:53:37.816000)
updates: Global stock markets are little changed, awaiting US inflation data
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Version 0.38 (2024-05-13 13:54:07.319000)
updates: Chinese stimulus spending, US and Chinese inflation data, Bank of Japan's hawkish signal, gold and oil prices
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Version 0.37 (2024-05-13 12:54:34.250000)
updates: Added information about S&P 500 earnings, Bank of Japan's bond purchase cut, gold and oil prices
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Version 0.36 (2024-05-13 09:55:48.684000)
updates: Updates on global stock markets and key data releases
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Version 0.35 (2024-05-13 08:54:22.828000)
updates: Updates on US futures and Chinese inflation
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Version 0.34 (2024-05-13 06:54:55.888000)
updates: Asian shares reach a 15-month high as Chinese inflation picks up to 0.3% in April, easing concerns about deflation. Chinese authorities plan to sell 1 trillion yuan in longer-dated bonds to fund stimulus spending. MSCI's broadest index of Asia-Pacific shares outside Japan rises 0.1%. Japan's Nikkei slips 0.3% due to speculation of further yen losses leading to a Bank of Japan rate hike. The US April inflation report is crucial, with median forecasts expecting core consumer prices to rise 0.3% in the month. A low number could increase bets on a Federal Reserve rate cut in July, while a high inflation print could delay a rate cut until after September. European inflation reports are also expected to reinforce expectations for a June rate cut from the European Central Bank. US earnings have been strong, with companies on track to increase earnings by 7.8%. The US dollar remains strong, while gold eases to $2,355 an ounce. Oil prices decline as US gasoline and distillate inventories rise. Brent crude is down to $82.57 a barrel, while US crude dips to $78.09 per barrel.
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Version 0.33 (2024-05-13 05:54:33.385000)
updates: Asian shares reach 15-month high as Chinese inflation eases concerns
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Version 0.32 (2024-05-13 05:52:01.499000)
updates: The article provides more details on Chinese inflation and its impact on market sentiment. It also mentions the mixed performance of Asian markets and the potential increase in tariffs on clean energy products from China by the United States. Additionally, it highlights the rise in Chinese consumer prices and the upcoming release of the US consumer price index for insights into the Federal Reserve's plans. The article also mentions the expected rate cuts by the European Central Bank and Bank of England in the summer. Finally, it provides an update on the performance of global share indices and the new highs reached by stock markets in New York and Europe.
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Version 0.31 (2024-05-13 04:52:54.404000)
updates: Inflation figures and Chinese activity data awaited. Chinese inflation picks up to 0.3% in April. Forecasts expect further gains in April retail sales and industrial output. Chinese authorities preparing to sell 1 trillion yuan in longer-dated bonds. US April inflation report crucial for Federal Reserve's next moves. Weak Chinese data and reports of US planning to increase tariffs on clean energy products from China weigh on sentiment. Chinese consumer prices rose more than expected in April. European Central Bank and Bank of England expected to cut rates in the summer. Dow and S&P 500 rise despite drop in consumer sentiment and increase in inflation expectations. London, Paris, Frankfurt, and Amsterdam hit new highs.
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Version 0.3 (2024-05-13 03:53:48.548000)
updates: Asian markets mixed, weak Chinese data, US planning to increase tariffs on clean energy products from China, Chinese consumer prices rose more than expected in April, European Central Bank and Bank of England expected to cut rates in the summer
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Version 0.29 (2024-05-13 03:53:33.487000)
updates: Asian shares reach 15-month highs, Chinese inflation eases concerns
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Version 0.28 (2024-05-13 03:52:57.933000)
updates: The article provides specific details on Chinese inflation and activity data, as well as the impact on market sentiment. It also mentions the preparation of Chinese authorities to sell longer-dated bonds for stimulus spending. The article includes information on the performance of Chinese blue chips and the Nikkei. It highlights the importance of the US April inflation report and mentions other data releases this week. The article also provides updates on global share indices, the strength of the US economy, gold prices, and oil prices.
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Version 0.27 (2024-05-13 02:53:08.651000)
updates: Additional details on Chinese inflation, Japanese market, US core consumer prices, S&P 500 and Nasdaq futures, gold prices, and oil prices
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Version 0.26 (2024-05-13 01:52:07.876000)
updates: The story now includes information about key data releases from the US and China, as well as the impact on investor sentiment and expectations for rate cuts. It also mentions the pickup in Chinese inflation, the sale of longer-dated bonds by Chinese authorities, and the performance of global share indices. Additionally, it highlights the strength of the US economy and its impact on the dollar, as well as rising gold prices and fading oil prices.
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Version 0.25 (2024-05-13 01:31:43.799000)
updates: Inclusion of information about weak demand in China and tariff concerns
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Version 0.24 (2024-05-13 00:57:03.771000)
updates: Asian markets open sluggishly, weak demand in China, signs of slowing US economy
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Version 0.23 (2024-05-12 23:51:56.878000)
updates: Asian stocks set for sluggish start amid weak China data and US economy
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Version 0.22 (2024-05-12 21:52:45.485000)
updates: Traders and investors await a potential Fed pivot as they closely monitor economic data and central bank moves
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Version 0.21 (2024-05-10 02:53:17.886000)
updates: Asian markets rise as US data boosts rate hopes
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Version 0.2 (2024-05-08 07:54:35.279000)
updates: Equity markets mixed, Wall Street tepid after US jobs data
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Version 0.19 (2024-05-08 05:34:19.594000)
updates: Added information about Wall Street's reaction to US jobs data and comments from Minneapolis Fed boss Neel Kashkari
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Version 0.18 (2024-05-08 03:53:01.248000)
updates: Mixed results in Asian markets, focus on monetary policy outlook
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Version 0.17 (2024-05-07 22:56:02.902000)
updates: Updates on Japanese markets, yen intervention risks, and corporate news
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Version 0.16 (2024-05-06 23:17:16.767000)
updates: Asian markets rise on subdued dollar and lower bond yields, RBA policy decision awaited
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Version 0.15 (2024-05-06 21:56:01.912000)
updates: US stocks extend gains from last week, USD mixed
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Version 0.14 (2024-05-06 08:59:33.110000)
updates: Updates on Asian markets, RBA meeting, China trade, and other related news
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Version 0.13 (2024-05-06 05:51:58.382000)
updates: Updates on Forex markets, PMI data, Reserve Bank of Australia
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Version 0.12 (2024-05-06 00:54:00.094000)
updates: Global markets react to US jobs report and RBA's decision to hold rates
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Version 0.11 (2024-05-06 00:51:39.301000)
updates: Asia-Pacific markets track Wall Street gains, US jobs report fuels rate cut hopes
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Version 0.1 (2024-05-05 23:52:05.125000)
updates: Asian stocks rise as China returns and US jobs report boosts rate cut expectations
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Version 0.09 (2024-05-03 23:51:59.929000)
updates: Global equities rise on rate cut expectations, bond yields fall, and China's factory activity slows
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Version 0.08 (2024-05-01 06:54:37.356000)
updates: Added information about Asia holidays and market activity during the Spring Festival holiday
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Version 0.07 (2024-02-18 08:16:05.978000)
updates: Inclusion of Spring Festival holiday market review
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Version 0.06 (2024-02-14 22:17:31.055000)
updates: US stock market rebound, USD weakening, CPI reaction, central bank views
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Version 0.05 (2024-02-14 05:55:04.046000)
updates: Global market reaction to US inflation and Chinese New Year break
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Version 0.04 (2024-02-13 12:23:39.683000)
updates: Updated information on stock market performance and upcoming US inflation update
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Version 0.03 (2024-02-07 11:17:45.255000)
updates: Updated information on stock market performance and China shares extending gains
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Version 0.02 (2024-01-30 07:31:56.618000)
updates: Asian share markets, Evergrande collapse, oil prices, Middle East tensions, Chinese share markets, Japanese stock markets, Australian stocks, S&P and Eurostoxx futures, economic calendar
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Version 0.01 (2023-11-25 05:40:05.672000)
updates: Updates on stock market trends, bond yields, and geopolitical factors
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