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French economy set for only 0.4% growth this year, says INSEE
3+ day, 17+ hour ago (365+ words) PARIS, Sept 10 (Reuters) – The French economy will grow markedly less this year than the government has anticipated as declining purchasing power weighs on consumer spending and firms rein in investment, the national statistics office forecast on Thursday, cutting its outlook....
Morning Bid: Lagarde takes the spotlight as oil sits above $100
4+ day, 4+ hour ago (343+ words) Investors are perhaps starting to realise that elevated bond yields and higher oil prices are the new normal as the Middle East war spreads ahead of central bank meetings where policymakers may struggle to quell markets’ inflation angst. The European…...
Trading Day: $100 oil bites
4+ day, 11+ hour ago (510+ words) ORLANDO, Florida, Sept 9 (Reuters) – Stocks around the world fell on Wednesday as entrenched conflict in the Middle East pushed oil prices above $100 a barrel, while bond yields rose to fresh multi-year highs as investors reacted negatively to the U.S. Treasury’s…...