Japan Raises Economic View, Signals Broader Recovery

Govt39;s July report gives more optimistic view on economy Private consumption, employment, import view revised up Report warns of rising raw material prices, supply constraints TOKYO, July 26 Reuters Japan upgraded its overall view on the economy for the first time in three months in July, signalling a broader recovery in economic activity as the […]
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Indian Shares Drop, Tech Stocks Hammered as Fed Awaited

BENGALURU, July 26 Reuters Indian shares closed lower on Tuesday, with technology stocks bearing the brunt as investors turned wary of a likely sharp hike in U.S interest rate this week. The NSE Nifty 50 index lost 0.88 to 16,483.85, with a similar drop in SP BSE Sensex to 55,268.49. While global growth has clearly entered a […]
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Gas Crunch Fears Hammer Euro, Lift Dollar and Swiss Franc

LONDON, July 26 Reuters The prospect of another Russian gas supply cut knocked the euro lower on Tuesday, while dollar gains were tempered by mounting uncertainty over the U.S. Federal Reserve39;s policytightening path after this week39;s expected interest rate rise. European Union countries were preparing to approve an emergency proposal to curb gas demand, the […]
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Oil Rises for a Second Day on Supply Tightness Concerns

Russia39;s Gazprom tightens squeeze on gas flow to Europe Fed expected to hike rates 75 bps on Wednesday Brent premium to U.S. crude hits widest in three years TOKYOSINGAPORE, July 26 Reuters Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after Russia, a key oil and natural […]
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