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Bond market signals boom times will end soon

It’s abundantly clear that Americans as a whole are experiencing the best economy since the Great Recession. US employers are adding so many workers that more people are growing encouraged to enter the labour force. Wage growth is well above the average of the past decade. Corporate earnings remain rock solid. For bond investors, though, the question is never really ...

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Improving euro-area inflation appears self-sustained: Draghi

Bloomberg Mario Draghi said the improvement in euro-area inflation is on a self-sustained path as he struck a confident tone that the European Central Bank (ECB) can withdraw its stimulus despite the rising specter of a global trade war. Addressing European Parliament lawmakers, the ECB president urged the region’s governments to lead by example by pushing back against creeping protectionism, ...

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As Danske Laundromat shuts, small banks are told they’re targets

Bloomberg Denmark’s financial watchdog is telling smaller lenders to brace for an assault by money launderers as big banks respond to intense regulatory scrutiny and improve their defenses. The head of the Financial Supervisory Authority (FSA) in Copenhagen, Jesper Berg, says smaller institutions are now particularly vulnerable. The comments come amid a string of revelations alleging that Danske Bank A/S was ...

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