Dollar Firms, Yen Fragile as Fed Cut Wagers Crumble

SINGAPORE, April 11 Reuters The dollar was firm on Thursday after hotterthanexpected U.S. inflation data squashed lingering expectations of the Fed starting its ratecutting cycle in June, while the yen languished at the levels last seen in the middle of 1990. Investor focus will now be on U.S. producer price data and the European Central Bank39;s policy […]
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Foreign Investors Snap Up Japanese Stocks for Bargains

April 11 Reuters Foreign investors snapped up Japanese stocks in the week ended April 5, as they sought value opportunities following a substantial drop in lateMarch amid profit booking by domestic institutions. They pumped in a net 829.45 billion yen 5.42 billion into Japanese equities during the week, the highest since Jan. 12 and a […]
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FTSE 100 Edges Lower, Financials Drag; ECB Meeting in Focus

FTSE 100 down 0.1, FTSE 250 flat Lok39;nStore surges to alltime high after buyout by Shurgard AstraZeneca to raise annual dividend for 2024, shares up April 11 Reuters UK39;s FTSE 100 edged lower on Thursday as a selloff in financials weighed, while investors moved their focus from hotterthanexpected U.S. inflation data to the European Central […]
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European Shares Dip ahead of ECB Policy Decision

Societe Generale shares jump on unit sale Idorsia dives 18.5 after postponing FY and Q1 results AstraZeneca rises on plans to hike annual dividend STOXX 600 off 0.3 ahead of ECB decision due at 1215 GMT April 11 Reuters European shares slipped on Thursday as investors avoided big bets ahead of a monetary policy decision […]
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