BOE’s First Back-to-Back Hikes in 17 Years May Just Be the Start

The  Source: BOE The central bank’s latest forecasts also due with the decision will be key part of the answer. Analysts also are looking for words from Bailey at a…

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435 229 Prospergate Group

Tech Leads Stocks to Worst Week Since March 2020: Markets Wrap

Stocks fell, capping the worst week since the outbreak of the pandemic roiled markets, with tech shares bearing the brunt of the selloff amid shaky company earnings and prospects for…

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BlueCrest Hedge Fund’s 30% Surge Lifts Founder Platt’s Fortune to $12.8 Billion

Michael Platt’s wealth swelled even further last year as the billionaire continues to outperform most hedge funds with the freedom to take on riskier bets after returning clients money. Gains…

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2560 1646 Prospergate Group

Goldman Now Expects Four Fed Hikes, Sees Faster Runoff in 2022

The Federal Reserve will likely raise interest rates four times this year and will start its balance sheet runoff process in July, if not earlier, according to Goldman Sachs Group…

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2560 1239 Prospergate Group

U.S. Stocks Fall Amid Rotation Out of Big Tech: Markets Wrap

U.S. stocks fell for the first time in five days amid a rotation out of megacap tech shares. The S&P 500 slipped 0.1%, pulling back from the benchmark’s 69th record…

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World Hits Record Daily Covid Cases as Omicron Mars Christmas

Global Covid-19 cases hit a daily record on Monday, disrupting the holiday season a year after vaccines first started rolling out and two years after the emergence of the virus…

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2106 1404 Prospergate Group

European Stocks Slump on Lockdown Risks From Omicron’s Spread

European stocks dropped the most in three weeks as investors fretted over the risk of full lockdown until at least Jan. 14. Europe’s biggest countries are also weighing further curbs. European shares…

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2560 1707 Prospergate Group
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