By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, expecting the Federal Reserve to hold interest rates steady this week but signal that rate cuts are imminent, are betting that th[...]
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Debut of Bill Ackman’s new fund delayed but expected to proceed
By Svea Herbst-Bayliss (Reuters) -The New York Stock Exchange said on Friday that the debut of billionaire investor Bill Ackman’s new U.S. fund, Pershing Square USA, has been delayed, without pr[...]
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Amundi’s Q2 net inflows beat estimates on Asian contributions
PARIS (Reuters) -Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly inflows on Friday, driven by its Asian joint ventures amid sustained demand for risk-averse products[...]
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China’s rate cuts sequence hints at reduced role for MLF
SHANGHAI (Reuters) – China’s latest series of rate cuts show the central bank’s monetary framework has changed, analysts said, with the short-term repo rate becoming the primary sign[...]
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Investors recoil as this year’s ‘everything rally’ screeches to a halt
By Amanda Cooper and Naomi Rovnick LONDON (Reuters) -Investors are ditching some of this year’s favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged sellof[...]
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Three financial tips for American Olympians and future athletes
By Chris Taylor NEW YORK (Reuters) – Being an Olympic athlete in the U.S. is not just arduous physically but often financially as well. In fact, 26.5% of high-performance American athletes earn[...]
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Analysis-Megacap stock selloff shows investor concerns about too much tech
By Noel Randewich, Carolina Mandl and Stephen Culp (Reuters) – A tumble in the heavyweight stocks that have powered markets higher this year is highlighting Wall Street’s vulnerability to[...]
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As investors eye US presidential race, JPMorgan exec says focus should be on policies
By Divya Chowdhury and Mehnaz Yasmin (Reuters) – U.S. equity markets will remain volatile ahead of the country’s November presidential election, but the policies of the two candidates shou[...]
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Analysis-With no big deal safe, investment bankers move to safeguard fees
By Anirban Sen NEW YORK (Reuters) – Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquis[...]
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