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Fed's Evans says need 'patience' to see how inflation plays out

Fed's Evans says need 'patience' to see how inflation plays out
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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Market Talk – May 10, 2021 | Armstrong Economics

ASIA: The Chinese yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for ....

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Oil Futures Pare Gains Monday as Colonial Works to Restore System

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European Shares Seen Lower Amid Inflation Jitters

European Shares Seen Lower Amid Inflation Jitters
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are likely to open lower on Tuesday as investors fret about the threat of inflation and rotate away from expensive growth stocks to quality value stocks.
Asian markets succumbed to selling pressure as record high prices for commodities stoked fears of the U.S. Federal Reserve tightening its monetary policy much sooner than expected.
Data showed earlier today that China s factory gate prices rose in April at the fastest rate in three and a half years, while consumer inflation saw modest gains.
U.S. consumer price inflation data due on Wednesday is expected to show a strong gain in April. ....

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Gold Holds Near 3-month High As Focus Shifts To Inflation

Gold Holds Near 3-month High As Focus Shifts To Inflation
WASHINGTON (dpa-AFX) - Gold prices edged higher on Tuesday to hover near the highest level in three months as worries around inflation spooked investors around the global markets.
Spot gold edged up 0.1 percent to 1,838.22 per ounce, after having hit as high as $1,845.51 on Monday, the highest since Feb. 11. U.S. gold futures were marginally higher at $1,838.85.
The upside remained limited as U.S. bond yields inched higher, with the yield on the key 10-year Treasury note rising 1.3 basis points to 1.615 percent. The modest uptick in bond yields extended some support the U.S. dollar. ....

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