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The dollar is rebounding from a sharp selloff last week amid rising confidence that the Fed has ended its rate hiking cycle, though analysts expect the US economy to slow in the fourth quarter and potentially enter a recession.
The Bank of England is likely to be among the first central banks in advanced economies to lower interest rates, “such has been the scale of the slowdown…
Markets being hit by a 'perfect storm' says Barclays analyst.
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Investors unnerved by rising government bond yields
* Yen near 15-yr low on rising euro, intervention a risk * Upbeat US data, hawkish ECB fuels rate speculation * Tech stocks hit by report US to limit AI chips for China ...