Author: super@dmin
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Asia Markets: Asian markets give up early gains on weak China industrial data
Asian markets were mixed in early trading Thursday, as optimism that British lawmakers rejected a no-deal Brexit were tempered by poor economic data from China and a warning from President Donald Trump that the U.S. may walk away from trade talks with China.
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Germany could take the notion of European banking union to market
Merkel’s prospective successor Annegret Kramp-Karrenbauer suggests in op-ed that Europe move toward the creation of a “banking market,” which could be read as a “thanks but no thanks” to the banking union that eurozone negotiators have been working toward.
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Bond Report: 10-year Treasury yield struggles to lift off from 2.60% as Brexit uncertainty lingers
Treasury yields mostly held their ground Wednesday as investors looked ahead to a vote to delay the U.K.’s exit from the European Union, after lawmakers rejected a no-deal arrangement.
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The Tell: China stocks and yuan may have more room to rally, says strategist
China’s equities and its currency have more room to rally in the near-term as multiple securities are about to be added to global indexes or to have their weighting increase, presumably leading to capital inflows that could deliver a boost to the local market, an Oxford Economics strategist said.
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Love & Money: How families deal with unexpected funeral expenses after a loved one passes
The average funeral in the U.S. can cost up to $9,000.
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Deep Dive: If you’re tracking the S&P 500 instead of this fund, you’re leaving money on the table
The Invesco QQQ Trust has been a big winner and is more diversified than you might expect.
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How the early-retirement movement gave this couple a solution to the racial wealth gap
FIRE can be especially relevant for black savers, say Julien and Kiersten Saunders.
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The most reliable market indicator comes out at night
Stocks rise about 5 percentage points more, based on this one factor.
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Currencies: Dollar weaker as British pound bounces higher ahead of ‘hard Brexit’ vote
The U.S. dollar remains weak against many of its rivals on Wednesday following some economic data a day after inflation figures fail to provide support. Meanwhile, the British pound remains in focus as lawmakers are gearing up for a second of three key Brexit votes next week.
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Metals Stocks: Gold climbs above $1,300, on track for highest settlement of the month
Gold futures head for a second straight gain on Wednesday, with their climb above $1,300 an ounce putting prices on pace for their highest settlement month to date.