• August 15, 2024

Oil prices up on hopes of US rate cuts boosting fuel demand

By Yuka Obayashi and Trixie Yap (Reuters) -Oil prices rose on Thursday, supported by optimism that potential U.S. interest rate cuts will boost economic activity and fuel consumption though conce...

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• August 15, 2024

Palm Oil Extends Gains on Strong Indian Demand and Weak Ringgit

(Bloomberg) -- Palm oil advanced for a second day thanks to strong demand from the world’s biggest buyer, India, and a weaker Malaysian currency, which made the tropical oil more attractive for over...

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• August 15, 2024

Equities Rally as Economic Data Boost Sentiment: Markets Wrap

(Bloomberg) -- Equities in Japan and China advanced, following gains on Wall Street, as investors cheered a string of encouraging economic data points from the world’s three largest economies. Ja...

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• August 15, 2024

Dollar drifts as ebbing US inflation sets the stage for rate cuts

By Ankur Banerjee SINGAPORE (Reuters) -The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed U.S. inflation was slowing, underpinning wagers that the F...

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• August 15, 2024

Morning Bid: Data tests loom for Fed, BoE

A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for...

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• August 15, 2024

Fed's Bostic open to September rate cut, FT reports

(Reuters) -Atlanta Federal Reserve President Raphael Bostic is open to an interest rate cut in September, he told the Financial Times in an interview published on Thursday, adding that the U.S. cent...

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• August 14, 2024

Stock market today: Stocks rise as key inflation measure increases at slowest pace since 2021

US stocks edged mostly higher Wednesday as Wall Street embraced another encouraging signal on consumer prices that is set to help shape the near-term future of interest-rate policy. The S&P 500 ( ...

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• August 14, 2024

The Mars-Kellanova merger bolsters them against 2 big threats—inflation and Ozempic

Mars, the snack conglomerate behind M&Ms and Snickers, may have finally satisfied its sweet tooth. The company will acquire Pringles-maker Kellanova in a $36 billion deal —the largest in the foo...

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• August 14, 2024

Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap

(Bloomberg) -- Stocks rose after an in-line US inflation report did little to alter bets the Federal Reserve will start cutting rates in September. The S&P 500 extended its advance into a fifth s...

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• August 14, 2024

Polestar CEO: Chinese tariffs aside, building Polestar 3 in US has been years in the making

Swedish EV maker Polestar ( PSNY ) hit a major milestone today, starting production of its Polestar 3 SUV in South Carolina . The move is a way, among other things, to avoid US tariffs on China-...

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