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Asian shares slid on Thursday after a surprise interest rate hike by Bank of Canada brought back fears that U.S. rates could stay higher for longer and the Federal Reserve could remain hawkish when it meets next week.
SINGAPORE: Asian shares slipped on Thursday after a surprise interest rate hike by Bank of Canada revived worries...
SINGAPORE : The U.S. dollar was clinging close to a more than one week peak on Friday as a slew of data overnight pointed to a slowing U.S. economy, with investors betting that the Federal Reserve will further pause its interest rate increases.The dollar index, which measures the U.S. currency against six
Wall Street stocks pushed higher on Thursday despite data that showed US economic growth is slowing, which raised fresh questions about interest rates and a possible recession.
Investors are increasingly seeking insurance against a sudden crash in stocks, fearing that more tumult is in store for markets after worries over the banking system shook asset prices over the last week.Various measures of perceived tail risk -...