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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price index on Wednesday is poised to provide the biggest test yet of the rally that started this month when Federal Reserve Chair Jerome Powell swatted away worries that the central ...
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The yen’s weakness is turning foreign investors away from Japanese stocks. The Nikkei 225 Stock Average has jumped 14% this year, outperforming its global peers. But for dollar-based investors, the gains shrink to just above 3% after the yen’s tumble to a 34-year low against the greenback. That’s far below the S&P 500’s increase of 9.5% and the Hang Seng ...
Sessions