Saturday, May 30, 2020

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JPMorgan Joins Goldman Saying More QE Needed to Cap Bond Yields

JPMorgan Joins Goldman Saying More QE Needed to Cap Bond Yields

(Bloomberg) -- Central bank quantitative easing programs may need to be ramped up to stave off a rise in bond yields, according to a JPMorgan...
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Oil Below Zero, Remittance Risk, Beijing Pays Price: Eco Day

Oil Below Zero, Remittance Risk, Beijing Pays Price: Eco Day

(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: Oil went negative for the...
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IMF Meets to Survey Wreckage of Global Economy: Eco Week

IMF Meets to Survey Wreckage of Global Economy: Eco Week

(Bloomberg) -- The guardians of the world economy will come together this week to survey a global picture that’s been turned on its head in...
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Waiting for the Next Historic Number: Global Economy Week Ahead

Waiting for the Next Historic Number: Global Economy Week Ahead

(Bloomberg) -- As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing...
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Mideast Stocks Drop Despite $47 Billion of Central Bank Aid

Mideast Stocks Drop Despite $47 Billion of Central Bank Aid

(Bloomberg) -- Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks...
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Mideast Joins Global Stimulus With $47 Billion to Fight Crisis

Mideast Joins Global Stimulus With $47 Billion to Fight Crisis

(Bloomberg) -- Three of the biggest Arab economies pledged almost $47 billion in stimulus to limit the economic damage of the coronavirus outbreak, joining a...
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Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout

(Bloomberg) -- The Indian rupee slid to near a record low and equities approached a bear market as continued worries over the economic impact from...
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Irregularities Found at Pakistan’s Top Bank After U.S. Sanction

Irregularities Found at Pakistan’s Top Bank After U.S. Sanction

(Bloomberg) -- A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to...
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World’s Happiest People Seek Road to Financial Intelligence

World’s Happiest People Seek Road to Financial Intelligence

(Bloomberg) - The most cheerful people on Earth are about to get some help managing their finances. In Finland, which just topped the United Nation’s World...
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