Australia, NZ dlrs ease from onemonth highs, bonds gain

SYDNEY, April 21 Reuters The Australian and New Zealand dollars stepped away from onemonth highs on Wednesday with economic data in both countries reinforcing expectations that policy will remain accommodative for an extended period. The Australian dollar was last 0.1 down at 0.7717, drifting away form a onemonth top of 0.7816 reached on Tuesday. The […]
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Wall Street Closes Lower as Virus Spike Hits Travel Stocks

NEW YORK, April 20 Reuters Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travelrelated shares and investors had second thoughts about big U.S. banks apparently stellar earnings last week. Kansas City Southern surged on the prospect of a bidding war after Canadian National […]
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Oil Gains Push Rouble Past Ukraine Tensions; Stocks Rise

April 20 Reuters Russias rouble was supported by stronger oil prices on Tuesday, but gains were limited as tensions with Ukraine ramped up, while emerging market stocks rose on improving sentiment over a global economic recovery. The rouble added about 0.2 as oil prices rose on the prospect of improving global demand. But the currency […]
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USD Plunges forNo Reason I could see. NZ CPI

Rates as of 0500 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, its hard to attribute the move pin the blame? on anything in particular. Normally I would assume such a big move might be in response to some huge riskon mood in the markets, but both European stocks and US stocks were […]
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Cigarette Makers, AB Foods drag FTSE 100 Lower

April 20 Reuters Londons FTSE 100 fell on Tuesday, dragged down by stocks of heavyweight banking and cigarette makers, while Associated British Foods slipped after a downbeat firsthalf earnings update. The bluechip index slipped 0.3, with tobacco firms British American Tobacco and Imperial Brands declining 6 and 3.4 to the bottom of index after a […]
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Tobacco Companies Weigh on European Shares

April 20 Reuters European shares pulled back on Tuesday after hitting record highs a day earlier, as tobacco companies weighed on UK stocks and many regional indexes edged off prepandemic highs. Shares of British American Tobacco, Imperial Brands and Swedish Match fell between 1.7 and 5.6 in early trading following a report the Biden administration […]
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Japanese Shares Slump as Virus Surge Stokes Slowdown Worries

TOKYO, April 20 Reuters Japanese shares fell sharply on Tuesday, weighed down by worries that possible reintroduction of COVID19 emergency measures in the countrys biggest cities would slow the economic recovery. Selling was seen across almost all sectors, with only one of the Tokyo Stock Exchanges 33 industry subindexes trading higher and just a more […]
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