Japan’s exports down for eighth month, sales to China slump as recession fears grow

Japan’s exports slipped for an eighth month in July, while manufacturers’ confidence turned negative for the first time in over six years as China-bound sales slumped again in…

August 19, 2019

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Oil rises as U.S. retail sales ease recession fears

Crude oil prices rose on Friday following two days of declines, buoyed after data showing an increase in retail sales in the U.S. helped dampen concerns about a…

August 16, 2019

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Yen near seven-month high versus dollar; Hong Kong, Argentina woes fuel risk aversion

The yen stood near a seven-month high against the dollar on Tuesday as unrest in Hong Kong and gyrations in Argentina’s markets heightened investor risk aversion and fanned…

August 13, 2019

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Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession

Goldman Sachs Group Inc (GS.N) said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a…

August 12, 2019

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China’s exports unexpectedly rise in July

China on Thursday reported trade data that was better than expected despite mounting economic pressure from elevated U.S. tariffs. The Asian economic giant said its U.S. dollar-denominated exports in…

August 8, 2019

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August collapse in the 10-year US Treasury yield picks up steam, now at just 1.65%

The August slide in the 10-year Treasury yield accelerated on Wednesday to its lowest since 2016 on concerns about the China-U.S. trade war slowing the global economy and…

August 7, 2019

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Stocks deepen losses as U.S. puts yuan in trade war crosshairs

Global stocks extended their already substantial losses and the offshore yuan hit an all-time low on Tuesday after Washington designated Beijing a currency manipulator in a rapid escalation…

August 6, 2019

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Oil up 3%, recouping some losses from Trump tariffs comments

Oil prices were up 3% on Friday, a partial rebound from their biggest daily drop in several years on U.S. President Donald Trump’s vow to impose more tariffs…

August 5, 2019

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Bank of England cuts growth forecasts as Brexit and global worries mount

The Bank of England lowered its growth forecasts on Thursday due to increased Brexit worries and a slowing global economy, but stopped short of following other central banks…

August 2, 2019

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