UK Economy Grew by StrongerthanExpected 1.3 in Q4

Britains coronavirushammered economy grew more quickly than previously thought in the final three months of 2020, official data showed on Wednesday. Gross domestic product increased by 1.3 between October and December last year from the previous threemonth period, compared with an earlier estimate of 1.0 growth, the Office for National Statistics said Economists polled by […]
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Japan Stocks End Lower as Archegos woes Rattle Financials

Japanese stocks fell on Wednesday as investors sold financial shares due to growing uncertainty over the fallout from the margin calls that brought down New Yorkbased hedge fund Archegos Capital. The Nikkei 225 Index ended 0.86 lower at 29,178.80, while the broader Topix dropped 1.21 to 1,954.00. Mitsubishi UFJ Financial Group Inc fell 3.87. The […]
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AUD, NZD Find some Support from Upbeat Economic News

SYDNEY, March 31 Reuters The Australian and New Zealand dollars steadied on Wednesday as upbeat economic news combined with rising bond yields to support the currencies in the face of broad U.S. dollar gains. The Aussie was holding at 0.7604, having recoiled from a peak of 0.7664 overnight. That left it uncomfortably close to the […]
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