U.S. Farmers Plan to Go Heavy on Corn in 2023

CHICAGO, Feb 6 Reuters U.S. farmers are planning to boost corn acreage in 2023, eyeing lower prices of fertilizer needed to grow the crop and hoping for a bumper crop after a late season drought withered last year39;s grain harvest and left U.S. corn supplies near a decade low. Plans for the upcoming season were […]
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Sterling Hits OneMonth Low with Growth Data in Focus

Feb 6 Reuters Sterling hit a onemonth low against the dollar on Monday, at the start of a week where traders are focussing on British growth data and remarks from Bank of England policy makers about the pace of interest rate hikes. The pound weakened 0.2 to trade at 1.2031, extending declines after losing 2.8 […]
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Turkeys Lira Slips to Record Low, Stocks Tumble

Lira hits record low of 18.85 to the dollar Key stocks indexes down between 3.45 A number of companies suspended from trading Quake adds to election jitters, inflation woes and geopolitics LONDON, Feb 6 Reuters Turkey39;s lira hit a record low and its stock markets tumbled on Monday as a major earthquake added to pressures […]
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Rupee Tumbles as Fed RateHike Bets, Equity Jitters Weigh

MUMBAI, Feb 6 Reuters The Indian rupee fell to a onemonth low on Monday, as a betterthanexpected U.S. jobs report prompted investors to bet on more Federal Reserve rate increases, with weaker domestic equities also weighing on market sentiment. The rupee traded at 82.45 per dollar by 1010 a.m. IST, down from its previous close […]
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FTSE 100 Slips from Record High on Fed Rate Jitters

FTSE 100 down 0.5, FTSE 250 off 0.6 Feb 6 Reuters UK39;s FTSE 100 slipped on Monday from a record high, as global sentiment soured after data pointing to strength in the U.S. labour market raised worries that the Federal Reserve could keep hiking interest rates for longer. The bluechip FTSE 100 slipped 0.5 by 0808 […]
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Indian Shares Fall on Rate Fears, Roreign Investor Selloff

BENGALURU, Feb 6 Reuters Indian shares closed lower on Monday, dragged by tech stocks after a strong U.S. jobs report renewed fears of the Federal Reserve sustaining aggressive rate hikes for longer, while foreign investors continued to sell. The Nifty 50 index closed 0.50 lower at 17,764.60, while the SP BSE Sensex fell 0.55 to 60,506.90. Thirtyfour […]
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