German Exports Rise Unexpectedly in April on China Reopening

BERLIN, June 5 Reuters German exports rose unexpectedly in April, boosted by deliveries to China following its postpandemic reopening, but analysts warned that the momentum could be shortlived. German exports increased by 1.2 on the previous month, the federal statistics office said. A Reuters poll had predicted a monthonmonth decline of 2.5. April39;s increase follows […]
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Russia to Increase Daily Forex Sales in Coming Month

June 5 Reuters Russia39;s finance ministry said on Monday it would sell 3.6 billion roubles39; 44.3 million worth of foreign currency a day between June 7 and July 6, an increase in the volume of daily operations from the previous month. After a hiatus of several months, Russia resumed foreign currency interventions in January, selling yuan rather […]
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Shares Stroll Higher on June Hike Hiatus Hopes

STOXX up 0.18, dollar elevated Oil prices trim gains after Saudi39;s big cuts to output Markets wager Fed to pause in June, see risk of July hike SYDNEYLONDON, June 5 Reuters Shares rose and the dollar firmed on Monday as investors bet the Federal Reserve would pause its rate hikes this month after a mostly […]
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Rupee Drops, Premiums Plunge on Jump in US Yields

MUMBAI, June 5 Reuters The Indian rupee declined on Monday and far forward premiums dropped to the lowest level this year, tracking the move up in U.S. yields post the jobs report. The rupee was quoting at 82.5550 to the U.S. dollar by 1050 IST, down from 82.3050 in the previous session. The 1year USDINR […]
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