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September 17, 2021

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World shares slide on China investment worries

Reuters
by Reuters00
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo U.S. retail sales rose in August Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% Dollar hits nearly three-week high Gold falls by more than 2% NEW YORK,......
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Online purchases boost U.S. retail sales; labor market recovering

Reuters
by Reuters00
People wearing protective masks shop at Macy’s Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., December 26, 2020. REUTERS/Jeenah Moon/File Photo Retail sales increase 0.7% in August Core retail sales surge 2.5%; July revised down Weekly jobless......
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Dollar sluggish as traders bide time before Fed meeting; kiwi jumps

Reuters
by Reuters00
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo Market waiting for clues on taper timing from Fed New Zealand dollar buoyed by faster-than-expected GDP growth Norway’s crown at multi-month highs to......
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Yellen, Harris urge childcare investments to boost overall U.S. economy

Reuters
by Reuters00
WASHINGTON, Sept 15 (Reuters) – U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris on Wednesday called for urgent action to make affordable childcare available to more families, calling such investments critical to ensuring U.S. growth and global competitiveness. Harris and Yellen lauded a new Treasury report that charts......
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South African economy grows 1.2% in Q2, beats forecasts

Reuters
by Reuters00
People work at ”The Faktory”, a fashion design and clothing manufacturing company in Johannesburg, South Africa, March 4, 2021. REUTERS/Siphiwe Sibeko PRETORIA, Sept 7 (Reuters) – South Africa’s economy grew 1.2% in the second quarter compared to the previous three months, beating analysts’ forecasts, statistics agency data showed on Tuesday.......
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Japan’s tepid July household spending adds to economic recovery doubts

Reuters
by Reuters00
People wear protective masks in a shopping district amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, December 14 , 2020. REUTERS/Kim Kyung-Hoon/File Photo/File Photo July household spending up 0.7% y/y vs f’cast +2.9% Household spending down 0.9% m/m in July vs f’cast +1.1% Spending growth picks up after June’s......
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Factbox: Pros and cons for El Salvador, the first bitcoin nation

Reuters
by Reuters00
A banner that reads “We accept Bitcoin, free, fast and without contagion” is seen at a beach cafe on Punta Roca Beach in La Libertad, El Salvador April 25, 2021. REUTERS/Jose Cabezas SAN SALVADOR, Sept 6 (Reuters) – El Salvador will on Tuesday become the first country in the world......
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End of the summer: Events that may shake markets in September

Reuters
by Reuters00
The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque LONDON, Sept 6 (Reuters) – After a summer in which stocks have hit a seemingly never-ending run of record highs, September brings a series of monetary and political events that could jolt......
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U.S. job growth takes giant step back as Delta variant hits restaurants

Reuters
by Reuters00
A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. REUTERS/Eduardo Munoz Nonfarm payrolls increase 235,000 in August July payrolls gain raised to 1.053 million from 943,000 Unemployment rate falls to 5.2% from 5.4% Average hourly earnings......
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U.S. economy’s hot vax summer ends in cool COVID fall as Delta rises

Reuters
by Reuters00
Shipping containers sit on the dock at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File Photo WASHINGTON, Sept 3 (Reuters) – The promise of a “normal” U.S. economy this......
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MORNING BID Currencies at a crossroad – Reuters

Reuters
by Reuters00
MORNING BID Currencies at a crossroad Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...
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Marketmind: Just a little bit longer

Reuters
by Reuters00
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 25, 2021. REUTERS/Staff A look at the day ahead from Julien Ponthus. A consensual takeaway from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium is that investors will be able......
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U.S. corporate profits soar in second quarter; economic growth raised

Reuters
by Reuters00
Second-quarter GDP growth revised to 6.6% rate Corporate profits surge to fresh record high Weekly jobless claims rise 4,000 to 353,000 WASHINGTON, Aug 26 (Reuters) – U.S. corporate profits surged to a fresh record high in the second quarter, boosted by robust demand and higher prices, suggesting that an anticipated......
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Jobless claims total 353,000 vs. 350,000 estimate; Q2 GDP 6.6% vs. 6.7% estimate

CNBC
by CNBC019
CNBC – For more and to sign up click here Initial claims for unemployment insurance were little changed over the past week, hovering around pandemic-era lows as the jobs market shows further signs of healing. First-time filings totaled 353,000 for the week ended Aug. 14, a slight increase from the......
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Deere lifts 2021 forecast on solid demand for farm, construction equipment

Reuters
by Reuters00
Equipment for sale is seen at a John Deere dealer in Denver, Colorado, U.S. May 14, 2015. REUTERS/Rick Wilking Aug 20 (Reuters) – Deere & Co (DE.N) beat Wall Street estimates for third-quarter revenue on Friday and lifted its full-year earnings forecast on strong demand for farm and construction equipment.......
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U.S. leading indicator points to further economic recovery in July

Reuters
by Reuters00
The New York Stock Exchange (NYSE) is seen in the financial district of New York, U.S., January 13, 2021. REUTERS/Shannon Stapleton Aug 19 (Reuters) – A gauge of future U.S. economic activity increased in July, suggesting the economy continued to expand from the recession caused by the coronavirus pandemic even......
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Australia’s red-hot housing to get hotter, affordability to worsen

Reuters
by Reuters00
The Sydney Opera House and city centre skyline are seen in Sydney, Australia, February 28, 2020. REUTERS/Loren Elliott cpurl://apps.cp./cms/?pageId=house-poll poll data Reuters poll graphics on the Australian housing market outlook: https://tmsnrt.rs/3k1UZpD BENGALURU, Aug 19 (Reuters) – Red-hot Australian house prices will heat up even more this year and next thanks......
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Automobile shortages weigh on U.S. retail sales

Reuters
by Reuters00
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States’ largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela Retail sales fall 1.1% in July Core retail sales drop 1.0%; June revised up WASHINGTON, Aug 17 (Reuters) – U.S. retail......
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MORNING BID A heavy dose of caution – Reuters

Reuters
by Reuters00
MORNING BID A heavy dose of caution Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...
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Analysis: Debt in a warm climate: coronavirus and carbon set scene for default

Reuters
by Reuters00
As COVID fuels world debt, climate costs in focus Ratings downgrades linked to climate expected soon Major and developing economies viewed as vulnerable LONDON, Aug 12 (Reuters) – Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says is dangerously......
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