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  • Asian Stocks Slammed by Fed Rate Hike Risks

    Asian Stocks Slammed by Fed Rate Hike Risks0

    Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound seen earlier

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  • 10-year yields highest since 2011 before expected Fed rate hike

    10-year yields highest since 2011 before expected Fed rate hike0

    Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past. Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than

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  • Dow Futures Tick Higher After Indices Post Their Worst Week Since June

    Dow Futures Tick Higher After Indices Post Their Worst Week Since June0

    US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By 19:10 ET (23:10 GMT) Dow Jones Futures and S&P 500 Futures

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  • Will Mining Die With Ethereum 2.0?

    Will Mining Die With Ethereum 2.0?0

    The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. KEY TAKEAWAYS Ethereum merge is the transition from proof-of-work consensus

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  • Oil prices and financial markets brace for recession

    Oil prices and financial markets brace for recession0

    The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. financial

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  • Japan Set To Waive Some Visa Requirements In October To Boost Tourism

    Japan Set To Waive Some Visa Requirements In October To Boost Tourism0

    Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said. to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims to benefit from a rebound

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