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Oil prices are falling again, affected by demand concerns

Oil prices are falling again, affected by demand concerns

Crude oil storage tanks from above at the Cushing Oil Center, in Cushing, Oklahoma, US, March 24, 2016. REUTERS/Nick Oxford Register now to get free unlimited access to Reuters.com Register US Crude Oil and Gasoline Inventories Fall – EIA China factory data disappointing OPEC + considers production cuts NEW YORK (Reuters) – Oil prices extended …

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Wall Street falls for the fourth consecutive session based on Fed expectations

Wall Street falls for the fourth consecutive session based on Fed expectations

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, August 22, 2022. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register Snap jumps while restructuring the advertising business, laying off employees Bed Bath & Beyond sinks into overhauling the company Dow Jones down 0.57%, …

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Singapore sees multi-million dollar housing rise

Singapore sees multi-million dollar housing rise

Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Hundreds of public apartments in Singapore, one of the world’s most expensive cities, are selling for more than 1 million Singapore dollars ($716,000), as construction delays linked to the coronavirus lead to a shortage of new units. At least two units have …

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Wall Street falls as job openings data adds to rate hike jitters

Wall Street falls as job openings data adds to rate hike jitters

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts spur demand Jobs openings in July rises sharply Indexes down: Dow 0.58%, S&P 0.71%, Nasdaq 0.72% …

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Brent crude is stable as the market reconciles inflation issues and supply concerns

Brent crude is stable as the market reconciles inflation issues and supply concerns

A picture of the emblem of the Organization of the Petroleum Exporting Countries (OPEC) at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonard Voiger Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – Oil prices stabilized on Tuesday as the market balanced supply concerns with concerns that inflation-fuelled weakness in …

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Analysis: The pain of breaking inflation will reverberate around the world

Analysis: The pain of breaking inflation will reverberate around the world

JACKSON HOLE, Wyo, Aug. 29 (Reuters) – The message from the world’s top financial officials is loud and clear: rampant inflation is here to stay and taming it will require an extraordinary effort, likely a recession with job losses and shock waves. developing markets. This price is still worth paying, however. Central banks have spent …

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Dollar Rises Higher As Markets Brace For Longer Interest Rates Rise

Dollar Rises Higher As Markets Brace For Longer Interest Rates Rise

US dollar banknotes are shown in this illustration taken on July 17, 2022. REUTERS / Dado Ruvic / Illustration Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – The dollar rose on Monday to briefly hit 20-year highs against a basket of other currencies, as Federal Reserve Chairman Jerome Powell signaled …

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