Economic events
Asia markets mostly lower as investors assess Japan spending data; India rate decision in focus
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets open mostly lower Friday after Wall Street saw the Dow Jones Industrial Average drop more than 200 points and S&P 500 retreat from a record high. Traders in Asia assessed household spending data out of Japan. Spending grew 2.9% in […]
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CNBC’s Inside India newsletter: What lies ahead for India after a big GDP growth miss?
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and […]
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France’s political crisis just saw the government ousted — but Paris’ problems have just begun
French Prime Minister Michel Barnier delivers a speech during the debate prior to the no-confidence votes on his administration at the National Assembly in Paris, France on December 4, 2024. Anadolu | Anadolu | Getty Images The toppling of French Prime Minister Michel Barnier’s government Wednesday can be seen as the climax of months of […]
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Asia-Pacific markets set to open mixed after key Wall Street benchmarks hit record highs
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
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Is it time to short the dollar? UBS and others think so
The U.S. dollar has surged since September, but some financial institutions are suggesting investors should bet against further strength in the greenback. Investment bank UBS has taken a contrarian stance, warning investors not to chase the dollar’s recent gains. “We caution against chasing USD strength; instead, we suggest selling dollar upside potential for yield pickup,” […]
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Contentious budget plans are wreaking political havoc across Europe
France’s Prime Minister Michel Barnier ponders during a session of questions to the government at the National Assembly in Paris, on December 3, 2024. Julien De Rosa | Afp | Getty Images The French government once again stands on the brink of collapse, after Prime Minister Michel Barnier refused to bend to demands from right […]
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CNBC Daily Open: U.S. stocks start December chilly; Korea stocks tumble on political chaos
The Fearless Girl statue outside the New York Stock Exchange on December 18, 2020 in New York City. Noam Galai | Getty Images Entertainment | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter […]
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Here’s how investors are trading France’s political chaos
The French government is on the brink of collapse and investors are gearing up for a volatile week of trading, with some eyeing opportunities amid the chaos. The difference between French and German government bond yields has risen to 85 basis points in recent days — the highest in more than 10 years — as […]
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South Korea stocks down nearly 2% after President Yoon imposes and then lifts martial law
People gather outside the National Assembly, after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, December 4, 2024. Soo-hyeon Kim | Reuters South Korean markets opened lower Wednesday, after a day of political upheaval in South Korea that saw President Yoon Suk Yeol impose and then lift a martial law […]
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Negotiate on the budget or we’ll bring you down, France’s far right tells government
President of Rassemblement National parliamentary group Marine Le Pen (L) speaks to French far-right Rassemblement National (National Rally) RN party’s President and lead MEP Jordan Bardella during the French far-right Rassemblement National (National Rally) RN party’s parliamentary seminar at the French National Assembly in Paris on September 14, 2024. Ludovic Marin | Afp | Getty […]
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