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Markets:West Texas crude oil rose 96 cents to $72.79Gold rises from $6 to $1,946The US 10-year bond yield is steady at 3.81%.Standard & Poor's 500, up 1.4%Sterling is leading, the yen is lagging behindThe odds of a June Fed hike have…

The RBNZ raised the official interest rate (OCR) by 25 basis points to 5.5% today in a split decision (5-2) and signaled that the picnic cycle is over. The bank noted that the policy will remain restricted for some time to come and…

Negotiations on raising the US debt ceiling have been suspended. Democrats pointed the finger at the Republican Party. The Republican Party pointed an accusing finger at the Democrats. Bryce. Biden returned from the G7 over the weekend,…

headlines:Markets:The New Zealand dollar is leading, and the dollar is lagging todayEuropean stocks are higher; S&P 500 futures rose 0.3%US 10-year yields rose 0.7 basis points to 3.655%Gold rose 0.3% to $1,963.53WTI rose 1.0% to…

The Australian dollar is the driver of the session. It fell sharply after the release of disappointing labor market data for the month of April. Jobs shrank in the economy while the unemployment rate jumped higher. I should add that…

headlines:Markets:The Swiss Franc is advancing, the Australian dollar is lagging todayEuropean stocks changed little; S&P 500 futures fell 0.1%US 10-year yields fell 2.9 basis points to 3.479%Gold fell 0.7% to $2,005.98West Texas…

(Bloomberg) -- Stocks and commodities jumped as investors bet that US politicians will be able to negotiate a solution to the debt ceiling crisis, with President Joe Biden expressing optimism that a deal can be reached.Most Read from…

The US dollar is the strongest among the major currencies, while the New Zealand dollar is the weakest. Stronger than the weakest of the major currenciesThe rise in the dollar can be attributed to:Higher inflation expectations from the…

breadcrumb links PMN Business Asian stocks and currencies fell as investors weighed the repercussions of slowing imports by China on its economic recovery. Article author: Bloomberg News Tasya Sipahuttar…

It was Unemployment Day and data was mixed despite a higher than expected gain of 253K for the current week. The gain for the month was comfortably above the 180k estimate. However, job growth slowed after including the revised figures for…