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July 1, 2022

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Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs

CNBC
by CNBC020
CNBC – For more and to sign up click here Inflation held at stubbornly high levels in May, though the monthly increased was slightly less than expected, according to a gauge closely watched by the Federal Reserve. Core personal consumption expenditures prices rose 4.7% from a year ago, 0.2 percentage......
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Rouble hits fresh highs against dollar, euro

Reuters
by Reuters00
A vendor counts Russian rouble banknotes at a market in Omsk, Russia February 18, 2022. REUTERS/Alexey Malgavko/File Photo Register now for FREE unlimited access to Reuters.com Register June 14 (Reuters) – The Russian rouble hit three-week highs against the euro and U.S. dollar in volatile trading on Tuesday, continuing to......
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Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will reclaim 2022 highs

CNBC
by CNBC040
CNBC – For more and to sign up click here J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil prices......
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Automakers, banks knock Indian shares off four-week highs

Reuters
by Reuters01
A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, June 3 (Reuters) – A bout of late selling in automakers and banks knocked India’s blue-chip......
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Rouble gains around 4%, heading back towards multi-year highs

Reuters
by Reuters01
A Russian rouble banknote is placed on euro banknotes in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – The Russian rouble firmed around 4% against the dollar and euro on Monday, heading back towards multi-year highs......
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Gold attempts rebound as dollar backs off highs

Reuters
by Reuters00
Gold up after hitting lowest since Jan. 31 on Monday SPDR Gold Trust holdings extend slide to lowest since March Dollar slips further from last week’s two-decade high Silver up for third straight session May 17 (Reuters) – Gold rose on Tuesday as a retreat in the dollar helped bullion......
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Asian shares trim weekly losses, dollar steady near 20-year highs

Reuters
by Reuters01
A man holding an umbrella looks at an electronic stock quotation board outside a brokerage in Tokyo April 7, 2015. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan +1.5%, Nikkei +2.61% Shares set for second week of losses on inflation, tightening worries Dollar remains......
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Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs

CNBC
by CNBC040
CNBC – For more and to sign up click here Inflation rose again in April, continuing a climb that has pushed consumers to the brink and is threatening the economic expansion, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad-based measure of prices for goods and......
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Used-car prices are down from record highs, easing the impact of inflation

CNBC
by CNBC049
CNBC – For more and to sign up click here A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale used-vehicle prices have notably fallen from a record high set in January, signaling the......
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Stocks cower as dollar marches to two-decade highs

Reuters
by Reuters01
U.S. stock futures down 0.6% European stocks heading for worst week in 2 months MSCI Asia ex-Japan index drops 2.87% LONDON, May 6 (Reuters) – The U.S. dollar hit 20-year highs and world stocks fell towards their lowest in over a year on Friday as markets anticipated more U.S. interest......
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Inside the Highs and Lows of the Transfer Portal

Sports Illustrated
by Sports Illustrated01
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTg5MjE5ODQ2MzgxMTE5Mzc5/baylor-scheierman.jpg Jason Jordan Baylor Scheierman was one of the most coveted players in the transfer portal. Gregory Fisher-USA TODAY Sports Four years ago when Baylor Scheierman was fielding calls from the two low-major schools interested in landing him, he never envisioned that one day he’d be hearing pitches from the......
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U.S. dollar perched at 2-year highs as risk appetite crumbles; yuan drops

Reuters
by Reuters00
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, April 25 (Reuters) – The U.S. dollar marched to a two-year high on Monday as a wave of risk aversion swept global markets, while the Chinese......
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As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers

CNBC
by CNBC054
CNBC – For more and to sign up click here Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market in general,” “Fast Money” trader Guy Adami said......
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U.S. arrests 210,000 migrants at Mexico border in March, rivaling record highs

Reuters
by Reuters00
WASHINGTON, April 16 (Reuters) – U.S. border authorities arrested 210,000 migrants attempting to cross the border with Mexico in March, the highest monthly total in two decades and underscoring challenges in the coming months for U.S. President Joe Biden. The March total is a 24% increase from the same month......
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Russian stocks hit by new sanctions, rouble rallies to six-week highs

Reuters
by Reuters00
April 6 (Reuters) – Russian stock indexes fell on Wednesday, hit by a new set of Western sanctions over Moscow’s actions in Ukraine, while the rouble rallied in thin trade to a six-week high. Equities largely lost ground after the United States announced a new round of sanctions targeting Russian......
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Asia shares advance to 5-week highs, euro falters

Reuters
by Reuters00
A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song// Register now for FREE unlimited access to Reuters.com Register SINGAPORE, April 5 (Reuters) – Asian stocks rose to their highest in......
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