A look at the day ahead in U.S. and global markets from Mike Dolan There's been little let up in this month's U.S. bond burn and China continues to fall ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSA look at the day ahead in U.S. and global markets from Mike Dolan
The People's Bank of China lowered its one-year lending rate by only 10 basis points to 3.45% - less than the 15bp cut forecast - and it left five-year rates unchanged. UBS became the latest global bank to slash China's annual economic growth forecast for this year - down to 4.8% from 5.2%.
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Turkish Banks Tumble After Central Bank’s Move, Bonds RallyTurkish lenders tumbled in Istanbul trading on Monday, following the central bank taking its first step to curb a deposit tool put in place in late 2021 to support the currency. Bonds rallied.
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Mike Drew: When plans get thwarted, dust the trouble off and move alongPhotographer Mike Drew found changing colours in the forest as dry conditions across southern Alberta force nature to adapt.
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