ForexLive European FX morning news wrap: Steady hands to open up the week

Forex news from the European trading session – 15 March 2021 Headlines: Markets: NZD leads, AUD lags on the day European equities higher; E-minis up 0.3% US 10-year yields flat at 1.625% Gold up 0.2% to $ 1,730 WTI down 0.1% to $ 65.54 Bitcoin down 6.6% to $ 56,300 The session began with some […]

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Asian markets set for messy open after U.S. stocks peak following Biden inauguration

By Jessica DiNapoli NEW YORK (Reuters) – Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S. President Joe Biden. “The markets had such a strong run yesterday after the presidential inauguration […]

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Business as usual for EU banks in ‘open’ London, says Bank of England

© Reuters. FILE PHOTO: AA view of The Bank of England and the City of London financial district in London, Britain By Huw Jones LONDON (Reuters) – European Union banks’ branches in London should see no major change in how they are supervised following Britain’s formal departure from the bloc last month, the Bank of […]

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Japan’s ramen bars struggle to stay open as COVID hammers small firms

6/6 © Reuters. An employee of ramen noodle shop ‘Shirohachi’ prepares noodles inside the shop, managed by sixty-year-old Yashiro Haga, amid the coronavirus disease (COVID-19) outbreak, in Tokyo 2/6 By Daniel Leussink TOKYO (Reuters) – Sixty-year-old Yashiro Haga is folding his Tokyo noodle ramen shop after 15 years in December, unable to overcome the prospect […]

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Fed’s Bostic: would be prudent to keep U.S. emergency lending programs open

© Reuters. FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin (Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday it would be “prudent” to keep open the Fed’s emergency lending and backstop programs created […]

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Audi says plant in Mexico remains open, debt dispute denied by company

4/4 © Reuters. FILE PHOTO: Employees work at an Audi Q5 2.0 production line of the German car manufacturer’s plant during a media tour in San Jose Chiapa 2/4 MEXICO CITY (Reuters) – A Mexican auto plant belonging to German carmaker Audi (DE:) remains open and did not close following a dispute over unpaid bills […]

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Asian shares to open higher on renewed U.S. stimulus hopes

© Reuters. Men wearing protective face masks chat in front of a screen displaying Nikkei share average and world stock indexes, amid the coronavirus disease (COVID-19) outbreak, in Tokyo By Imani Moise NEW YORK (Reuters) – Asian shares were set to track Wall Street gains on Thursday, as renewed hopes for more U.S. stimulus helped […]

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Asian shares set for mostly weaker open after Fed

By John McCrank NEW YORK (Reuters) – Asian shares were set to drift lower on Thursday as concerns about the strength of the recovery from the COVID-19 pandemic remained, even after the U.S. Federal Reserve pledged to hold interest rates near zero until at least 2023. Australian S&P/ASX 200 futures lost 0.22% in early trading. […]

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Asia markets to open lower on pandemic worries, shrugging off U.S. equities upswing

© Reuters. FILE PHOTO: Security guard wearing a face mask walks past the Bund Financial Bull statue on The Bund in Shanghai By Elizabeth Dilts Marshall NEW YORK (Reuters) – Asia shares were set to open lower on Wednesday after U.S. President Donald Trump’s comments regarding the country’s surge in novel coronavirus cases outweighed a […]

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