Leaders to push Brexit trade talks beyond latest deadline

3/3 © Reuters. EU Commission President von der Leyen meets British PM Johnson in Brussels 2/3 By Gabriela Baczynska and Costas Pitas BRUSSELS/LONDON (Reuters) -London and Brussels agreed on Sunday to more talks on an elusive trade agreement, even though they still have a long way to go to avert a turbulent ‘no deal’ exit […]

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Lira Shrugs Off Central Bank’s Latest Stealth Tightening Steps

© Reuters. Lira Shrugs Off Central Bank’s Latest Stealth Tightening Steps (Bloomberg) — The latest funding tweaks by Turkey’s central bank couldn’t stop the lira from hitting a record low as the currency headed for its steepest monthly decline since a rout two years ago. The decision to end access to liras from the cheaper […]

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Exclusive: Trading app Robinhood raises $660 million in latest funding round

© Reuters. By David French NEW YORK (Reuters) – Robinhood Markets Inc, the financial technology startup credited with helping popularize trading among millennials, has increased its latest funding round from investors to $ 660 million, a spokeswoman for the company said on Tuesday. The new fundraising is an extension of the Series G round which […]

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Net short dollar positions fall to $30.90 billion in latest week

© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker at a bank in Westminster (Reuters) – Speculators reduced their net short dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position fell to […]

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U.S. stock funds draw $3.3 billion in latest week: Lipper

© Reuters. The spread of the coronavirus disease (COVID-19) in New York (Reuters) – U.S.-based stock funds in the week ended Wednesday saw $ 3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $ 11.1 billion, the fifteenth straight weekly inflow, while U.S. money market funds drew $ 20.4 billion in the latest […]

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Forex – Pound drops sharply in Asia on latest election opinion poll

© Reuters. Pound down in Asia Investing.com – The British pound dropped sharply in early Asia on Wednesday as an opinion poll on the June 8 election showed the conservatives losing ground. fell 0.34% to 1.2814 after a a report that ‘s Conservative Party risks falling short of winning an overall majority of seats in […]

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