From postelection rally to preelection levels

Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Markets ended week

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German manufacturers warn of the sector’s ‘formidable crash’

Beckhoff Automation German business owner Hans Beckhoff says the country’s manufacturers are struggling In the 44 years since Beckhoff Automation opened for business, owner Hans Beckhoff says he hasn’t seen an economic crisis like this one. “You can usually expect a crisis about once every five to eight years,” says Mr Beckhoff. “This time it’s a formidable crash, a really deep one.” A German company, Beckhoff Automation makes automated control

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Best Money Market Accounts

Choosing where to store your savings? A money market account could be your best choice, as it functions similar to a savings account. However, the biggest difference is that you can usually cut a check from your money market account. Source link

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Dollar sitting pretty, yen bears wary of BOJ hawks By Reuters

By Wayne Cole SYDNEY (Reuters) – The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though the risk of intervention had caused a pullback against the yen. Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December,

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Australia regulator sues NAB for ignoring hardship application deadlines By Reuters

(Reuters) -Australia’s corporate watchdog on Monday launched civil penalty proceedings against National Australia Bank (OTC:), the country’s second-largest lender, for failing to respond to hundreds of financial hardship applications within the legally mandated time frame. Shares in NAB slipped as much as 1.9% to A$38.98 in early trade, largely in-line with a 1.2% fall in the broader financial sub-index. The Australian Securities and Investments Commission (ASIC) claims that NAB and

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CoinList To Develop the DePIN Market With the First DePIN Collaboration With U2U Network This Q4

November 13, 2024 – Ho Chi Minh, Vietnam Recently, CoinList conducted a poll asking users – “What category of projects do you want to see most on CoinList?” – underscoring growing interest in decentralized infrastructure solutions. Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused layer-one, for an exclusive pre-listing campaign. DePIN – More than just a trend DePIN (decentralized physical infrastructure network) is emerging as a

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Asian Stocks Eye Soft Start as Fed Doubts Simmer: Markets Wrap

(Bloomberg) — Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald Trump’s proposed fiscal and trade policies. Most Read from Bloomberg Australian shares fell while equity futures in Japan and mainland China pointed to losses. Contracts in Hong Kong edged higher. US futures were steady after the S&P 500 slid 1.3%

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Biden to allow Ukraine to use US weapons inside Russia: Reports | Russia-Ukraine war News

The move comes as Joe Biden heads into his final months in US office, with successor Donald Trump believed to be more favourable towards Russia. Outgoing United States President Joe Biden will allow Ukraine to use US-provided weapons to strike inside Russia, various news outlets, including Reuters, the Associated Press and the New York Times, have reported. Three sources, familiar with the matter, including two US officials, told Reuters on

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