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  • Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed

    Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed0

    Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential crisis in the U.S., while growing bets that the Federal Reserve will adopt a less hawkish stance also aided sentiment. Regional markets took positive cues from an overnight recovery on Wall Street, after consumer inflation

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  • Bank Slide Deepens As SVB Contagion Fear Rattles Markets

    Bank Slide Deepens As SVB Contagion Fear Rattles Markets0

    Asia’s share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of U.S. inflation data due later in the day. Japan’s Nikkei dropped 2%. The Tokyo Stock Exchange banks index fell more than

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  • Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations

    Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations0

    Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will push the Federal Reserve into softening its hawkish rhetoric in the coming days. The dollar fell sharply against a basket of currencies, while an inversion in the yield curve lessened

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  • Oil Prices Rise On Weak Dollar As Markets Price in Less Hawkish Fed

    Oil Prices Rise On Weak Dollar As Markets Price in Less Hawkish Fed0

    Oil prices rose slightly on Monday as a brewing banking crisis in the U.S. spurred expectations that the Federal Reserve will soften its hawkish rhetoric in the coming months, although caution still persisted over a potential economic fallout. Oil markets benefited from weakness in the dollar, after the Fed and other U.S. regulators intervened over

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