China is a ‘relative safe haven’ in the face of global banking stress, Citi economists say
The turmoil in the banking sector seen in the U.S. and Europe has highlighted China as a "relative safe haven"
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Currency markets
Bank of England hikes interest rates by 25 basis points after inflation surprises
The Bank of England on Thursday hiked interest rates to their highest level since 2008 as it grapples with persistent
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Fed, other central banks set joint liquidity operation
A number of central banks around the world worked in coordination to enhance the provision of liquidity through the standing
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Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy
The decision is “a demonstration of the Kingdom of Saudi Arabia’s commitment to supporting Turkey’s efforts to strengthen its economy,”
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Major fears are sweeping into Israel’s economy
A proposed Israeli law would effectively end the role of country's Supreme Court as a check on executive and legislative
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Europe considers a digital currency as it strives to counter U.S. and China’s tech dominance
The European Central Bank is worried that the euro zone will end up in a "sandwich position" between U.S. Big
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CNBC Daily Open: Oil pops and stocks flop — the U.S. economy is back in familiar territory
As oil pops and stocks flop. the U.S. economy returns to familiar territory. But investors want a fresh start. Source
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The U.S. Fed’s smaller rate hike brings dollar strength closer to its end
The U.S. dollar index continued to slump on Thursday as the Federal Reserve opted for a smaller interest rate hike
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The U.S. dollar may hold the key to whether this market rally can last
How equities react to a potential bounce in dollar strength could be a signal about where markets will go next.
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