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British inflation sends pound briefly below $1.30, dollar firm on Fed outlook, potential Trump win

British inflation sends pound briefly below $1.30, dollar firm on Fed outlook, potential Trump win Updates prices at 1120 GMT By Alun John and Kevin Buckland LONDON/TOKYO, Oct 16 (Reuters) - Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for the Bank of England to cut rates more forcefully, while the euro was at a 10-week low ahead of a European Central Bank meeting.
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British inflation data hurts pound, Dollar firm on Fed outlook, potential Trump win

FOREX-British inflation data hurts pound, Dollar firm on Fed outlook, potential Trump win Refiles to add dropped FOREX tag, no changes to text By Alun John and Kevin Buckland LONDON/TOKYO, Oct 16 (Reuters) - Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for the Bank of England to cut rates more forcefully, while the euro was at a 10-week low ahead of a European Central Bank meeting.
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Dollar firms as investors weigh Fed outlook, potential Trump win

FOREX-Dollar firms as investors weigh Fed outlook, potential Trump win Updates at 0552 GMT By Kevin Buckland TOKYO, Oct 16 (Reuters) - The U.S. dollar hovered near two-month peaks versus major peers on Wednesday, supported by expectations the Federal Reserve will proceed with modest interest rate cuts and a rise in betting odds for a second Donald Trump presidency.
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Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook

FOREX-Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook By Kevin Buckland TOKYO, Oct 16 (Reuters) - The Australian and New Zealand dollars slumped on Wednesday as scepticism grew about top trading partner China's stimulus, while the greenback hovered near two-month peaks versus major peers on wagers U.S. interest rate cuts will be gradual.
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Australia plans to reduce bank card surcharges from 2026

embargoed-Australia plans to reduce bank card surcharges from 2026 SYDNEY, Oct 14 (Reuters) - Australia is planning to reduce bank card surcharges, including the elimination of transaction fees on debit cards, the government said on Monday, as the use of cash declines in the country. In a media release, the government said the central bank was undertaking a review of the merchant card payment costs and surcharging, and subject to that consultation, it is prepared to ban debit card surcharging fr
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Asia shares await China markets' response to detail-thin stimulus pledges

GLOBAL MARKETS-Asia shares await China markets' response to detail-thin stimulus pledges By Rae Wee SINGAPORE, Oct 14 (Reuters) - Asian stocks hardly budged in early holiday-thinned trade on Monday, with investors nervous as to how markets in mainland China would react to government economic stimulus promises over the weekend which, though broad, were light on detail.
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NAB Expects To Publish Its 2024 Notice Of AGM In Mid-November

BRIEF-NAB Expects To Publish Its 2024 Notice Of AGM In Mid-November Oct 14 (Reuters) - National Australia Bank Ltd NAB.AX : EXPECTS TO PUBLISH ITS 2024 NOTICE OF AGM IN MID-NOVEMBER Further company coverage: NAB.AX
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S&P 500 earnings to put investor focus on tech, AI

PREVIEW-S&P 500 earnings to put investor focus on tech, AI Tech and communication services sectors forecast strongest growth Investors hope earnings justify high stock prices Concerns over consumer health and impact of oil prices Technology sector earnings in aggregate expected up 15.4% from year-ago quarter Updates to add graphic By Caroline Valetkevitch NEW YORK, Oct 10 (Reuters) - Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is begi
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S&P 500 earnings to put investor focus on tech, AI

PREVIEW -S&P 500 earnings to put investor focus on tech, AI Tech and communication services sectors forecast strongest growth Investors hope earnings justify high stock prices Concerns over consumer health and impact of oil prices Technology sector earnings in aggregate expected up 15.4% from year-ago quarter By Caroline Valetkevitch NEW YORK, Oct 10 (Reuters) - Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is beginning to pay off as th
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Australian dollar struggles as China rally fades, RBA a tad dovish

Australian dollar struggles as China rally fades, RBA a tad dovish SYDNEY, Oct 8 (Reuters) - The Australian dollar fell for a fourth straight session on Tuesday as the nation's central bank sounded slightly dovish and a post-holiday rally in Chinese stocks lost momentum. The kiwi was slightly higher, awaiting a rate decision from the Reserve Bank of New Zealand on Wednesday where markets widely expect it to cut interest rates by 50 basis points, even though analysts are somewhat split between a
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Australia business conditions rise in September as price pressures ease

Australia business conditions rise in September as price pressures ease SYDNEY, Oct 8 (Reuters) - Australian business conditions rose in September helped by a rebound in employment, a survey showed on Tuesday, suggesting levels of activity had remained resilient despite the economy tracking through a period of slow growth. The survey from National Australia Bank (NAB) showed its index of business conditions rose 3 points to +7, while the more volatile business confidence index rose 3 points to -
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Dollar near six-week high ahead of US jobs report; yen leaps to regain some ground

FOREX-Dollar near six-week high ahead of US jobs report; yen leaps to regain some ground Updates at 0543 GMT By Ankur Banerjee SINGAPORE, Oct 4 (Reuters) - The dollar hovered near a six-week high on Friday ahead of a payrolls report that could decide the path of U.S. interest rates, while the yen surged to cap a turbulent week hit by uncertainty over Japan's monetary policy outlook.
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Dollar near six-week high ahead of US jobs report; yen wobbles

FOREX-Dollar near six-week high ahead of US jobs report; yen wobbles Updates at 0338 GMT By Ankur Banerjee SINGAPORE, Oct 4 (Reuters) - The dollar hovered near a six-week high on Friday ahead of a payrolls report that could decide the path of U.S. interest rates, while the yen headed for its weakest weekly performance since 2016, hit by uncertainty over Japan's monetary policy.
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RBNZ to cut rates by half point to 4.75% on Oct 9

POLL-RBNZ to cut rates by half point to 4.75% on Oct 9 reuters://realtime/verb=Open/url=cpurl%3A%2F%2Fapps.cp.%2FApps%2Fcb-polls%3FRIC%3DNZINTR%253DECI poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=NZGDPAP GDP poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=NZINFAP CPI poll data By Devayani Sathyan BENGALURU, Oct 4 (Reuters) - New Zealand's central bank will cut its key interest rate by 50 basis points to 4.75% on Wednesday, accor
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Safe-haven dollar climbs; sterling falls on dovish Bailey comments

FOREX-Safe-haven dollar climbs; sterling falls on dovish Bailey comments Firm ADP report raises bets for strong US jobs data on Friday Sterling slumps as BoE chief suggests quicker rate cuts Euro sags as ECB hawk Schnabel takes dovish tone on inflation Sweden's crown and Swiss franc drop vs dollar Traders focus on economy in absence of Middle East escalation Updates at 1148 GMT By Medha Singh and Kevin Buckland LONDON, Oct 3 (Reuters) - The dollar strengthened on Thursday on expectations the U.S
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Dollar climbs ahead of payrolls, sterling tumbles after dovish Bailey

FOREX-Dollar climbs ahead of payrolls, sterling tumbles after dovish Bailey Firm ADP report raises bets for strong US jobs data on Friday Sterling slumps as BoE chief suggests quicker rate cuts Euro sags as ECB hawk Schnabel takes dovish tone on inflation Yen under pressure as new Japan PM says too soon for rate hikes Traders focus on economy in absence of Middle East escalation Updates prices as of 0936 GMT By Kevin Buckland and Medha Singh TOKYO/LONDON, Oct 3 (Reuters) - The dollar scaled a mo
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Dollar hits 6-week peak versus yen on Fed view; sterling tumbles

FOREX-Dollar hits 6-week peak versus yen on Fed view; sterling tumbles Firm ADP report raises bets for strong US jobs data on Friday Sterling slumps as BoE chief suggests quicker rate cuts Euro sags as ECB hawk Schnabel takes dovish tone on inflation Yen under pressure as new Japan PM says too soon for rate hikes Traders focus on economy in absence of Middle East escalation Updates prices as of 0540 GMT By Kevin Buckland TOKYO, Oct 3 (Reuters) - The dollar scaled a more than six-week high versus
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Dollar hits six-week peak to yen as Fed seen patient with rate cuts

FOREX-Dollar hits six-week peak to yen as Fed seen patient with rate cuts Firm ADP report raises bets for strong US jobs data on Friday Yen under pressure as new Japan PM says too soon for rate hikes Euro sags as ECB hawk Schnabel takes dovish tone on inflation Traders focus on economy in absence of Middle East escalation Updates prices at 0349 GMT By Kevin Buckland TOKYO, Oct 3 (Reuters) - The dollar scaled a more than six-week high versus the yen on Thursday as robustness in the U.S.
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Dollar hits one-month peak to yen as Fed seen taking time with rate cuts

FOREX-Dollar hits one-month peak to yen as Fed seen taking time with rate cuts Firm ADP jobs report raises bets for strong US payrolls data on Friday Yen under pressure as new Japan PM says too soon for rate hikes Euro sags as ECB hawk Schnabel takes dovish tone on inflation Traders focus on economy in absence of Middle East escalation By Kevin Buckland TOKYO, Oct 3 (Reuters) - The dollar rose to a one-month high versus the yen on Thursday as robustness in the U.S.
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National Australia Bank proposes job cuts in markets division, AFR says

National Australia Bank proposes job cuts in markets division, AFR says Oct 1 (Reuters) - The National Australia Bank NAB.AX is looking to eliminate three positions in its markets division, the Australian Financial Review reported on Tuesday, citing sources. The country's second-largest bank by market capitalization is looking to remove 23 roles across the unit and create 20 new positions, the Australian Financial Review (AFR) said.
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