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Breakfast briefing: New guardrails free up risk appetites
interest.co.nz ·
US eyes on CPI while expectations stabilise; US inventories surge; Taiwanese exports star yet again; China PPI jumps; record smog in New Delhi; Russia rations fuel, suspends exports; UST 10yr at 4.87%; gold and oil lower; NZ$1 = 56.2 USc; TWI-5 = 60
Risk appetite bounces back; strong rebound in global equity markets, including US equities rising over 2%. Oil prices down over 4% on hope for end to US-Iran conflict. Rates markets show only small movements
By Raphael Satter and Gabriel Stargardter PARIS, Nov 9 (Reuters) - French officials on Monday accused Iran's Revolutionary Guards of responsibility for the cyberattacks that knocked outcommercial refrigerators and freezers across France last month, saying there would be consequences for Iran.
Jordanian Deputy Prime Minister and Foreign Minister Ayman Safadi met with Syrian Foreign Minister Asaad al-Shaibani on Monday as the two countries revealed 11 cooperation pacts spanning trade, investment and infrastructure.
By Steve Holland and Humeyra Pamuk WASHINGTON, Nov 9 (Reuters) - Both Russia and Ukraine are showing some flexibility privately on the possible exchange of territory ahead of US-mediated talks in Abu Dhabi this week as President Donald Trump ramps up efforts to resolve the conflict, a US official…
ANKARA, Nov 9 (Reuters) - A blast at a steel and iron manufacturing plant in western Turkey on Monday killed 16 people, President Tayyip Erdogan said after a cabinet meeting. • An explosion took place at around noon (0900 GMT) at the Habas iron and steel manufacturing plant in the Aliaga district of…
U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.
Iraqi Prime Minister Ali Al Zaidi has set out an ambitious vision for Iraq's oil future, saying the country aims to lift production to seven million barrels per day by 2030. Mr Al Zaidi said Iraq intended to increase production to 10 million bpd by 2032, including about one million bpd from the…