TOKYO - The dollar hovered near a three-week high on Tuesday, as expectations policymakers around the world would unleash fresh stimulus drove an improvement in appetite for riskier assets and lifted U.S. government bond yields.
The yuan was also modestly pressured after the People’s Bank of China set its new lending rate slightly lower. It was the first publication of the benchmark since the PBOC announced interest rate reforms over the weekend designed to lower corporate borrowing costs. Italy’s opposition Democratic Party has had good, initial contacts with the ruling 5-Star Movement over the possibility of forging a coalition, a PD source with knowledge of the talks said on Monday.
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Opinion | Argentina Needs the DollarFrom WSJopinion: Argentina needs the confidence shock that dollarization would bring to both foreign investors and locals, writes Mary Anastasia O’Grady opinion Needs something. Nice country. Nice people. opinion Opinion | The WORLD Needs the Dollar. opinion Keep your dollar to yourself
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Dollar Towers Above Rivals, Posing Fresh Threats to Financial MarketsA prolonged dollar rally is pressuring U.S. corporate earnings, hitting commodity prices and threatening to deepen a selloff in emerging markets. Technically you want a somewhat weak currency to compete on a global market. It has been like the word of of God? +265995113556 Where in the heck is the Fed?
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U.S. stock futures rise on global stimulus talk, trade optimismU.S. stock futures pointed to a higher start on Monday, lifted by moves by encouraging comments from President Donald Trump and other officials on trade talks, along with a move by China over the weekend to lower borrowing costs for companies. Pump, pump. Keep looking for a recession, it has to be out there somewhere so it can be used to defeat Trump in 2020. If not there's still the 'I' word & good luck..👎👎 ho000uurrrrr. Sorryyy punte; me
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