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World’s steepest curve set to fade away

Bloomberg The most stubborn dove in eastern Europe may finally be ready to follow the procession of central bankers lifting interest rates across emerging markets, according to Amundi Asset Management’s Hungarian unit. Rate setters in Budapest may track the European Central Bank’s expected move in the second half of next year, but a drop in global risk appetite or an ...

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Bank of Korea holds fire on interest rates

Bloomberg The Bank of Korea left its key interest rate unchanged as an escalating US-China trade war and meager job growth threaten to sap momentum in Asia’s fourth-largest economy. Eleven of 18 analysts surveyed by Bloomberg forecast the central bank to keep the seven-day repurchase rate at 1.5 percent. The rest predicted a hike to 1.75 percent. When Governor Lee ...

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Boeing pushes for deeper China ties amid trade war

Bloomberg Boeing Co. is stepping up efforts to bolster its ties with China as President Donald Trump’s trade fight threatens to give rival Airbus SE an edge in the world’s second-biggest aviation market. In one sign of potential trouble, a Chinese airline that’s been an exclusive operator of Boeing jets for more than 30 years is said to be in ...

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