Markets rally, unfazed by Washington turmoil

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Yields pause, markets find their footing, Yen gains, gold rises

Equity markets found their footing as oil prices and Treasury yields paused their recent rise, while US economic data and Fed commentary reinforced a resilient growth outlook. The Fed's Beige Book pointed to continued expansion, albeit with persistent inflation pressures and geop ... Show more

. 12min 24sec

Global bond yields climb ever higher

Renewed fighting in the Middle East sent oil prices and bond yields higher yesterday as gold lost its lustre and equity markets retreated. Inflation data in the eurozone did not help matters, rising to 3.3% in August, up from 2.9% in July. Markets are now pricing in a 25 basis po ... Show more

. 11min 17sec

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Stocks Rally as Investors Shrug Off Consumers' Concerns

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Markets rebounded sharply Friday, with the Dow Jones Industrial Average on track for its first positive trading session after six consecutive down days. Federal Reserve Chair Jerome Powell said engineering a soft landing would involve “some pain,” as the central bank remains on t ... Show more

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