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Top News In டல்லாஸ் ப்ரெஸிடெஂட் ராபர்ட் கபிலன் Today - Breaking & Trending Today

On The Money: Democrats get to the hard part

Happy Monday and welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. ....

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Federal Reserve Announces Ethics Investigation After Regional Officials' Trades

Federal Reserve Announces Ethics Investigation After Regional Officials' Trades
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Tesla Robots, Applied Materials, Apple, J&J: 5 Things You Must Know

Tesla Robots, Applied Materials, Apple, J&J: 5 Things You Must Know
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.

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Fed's Kaplan watching COVID delta variant 'very carefully,' may 'adjust' views

Fed's Kaplan watching COVID delta variant 'very carefully,' may 'adjust' views
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Taper Tantrum Nightmares Won't Haunt Emerging Markets in Asia

Since the Fedâs surprise hawkish shift in June, the Mexican peso a popular candidate for carry trades has outperformed, gaining about 2.8%. In contrast, declines in Asian emerging currencies range from 0.7% in the Taiwan dollar to 3% in the Thai baht.
âAny flow that is happening right now is still chasing the recovery,â said Paul Sandhu, head of multi-asset quant solutions Asia Pacific at BNP Paribas Asset Management. âI do think itâs temporary because the fundamentals in Asia are better.â
Outside of currencies, foreign funds continued to favor Asian assets last month, demonstrating confidence in the region. Led by China, they added $14.4 billion worth of securities, more than half the total to all emerging markets, according to data from the Institute of International Finance. ....

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