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Alarms are sounding in European bonds

  Jean-Claude Trichet, the European Central Bank’s former president, used to argue that one of the euro’s greatest achievements was driving government borrowing costs down to match those of Germany, the region’s benchmark borrower. In recent weeks, however, fissures have emerged that reflect investor concern about the political and economic outlook for at least three of the common currency’s members. ...

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Saudi, Kuwait retreat; UAE stock merkets strong

  DUBAI / Reuters Saudi Arabia’s stock market fell in a broad-based decline on Sunday and political tensions helped to pull down Kuwait, while United Arab Emirates bourses rose. The Saudi index closed 0.7 percent lower with decliners outnumbering advancers by 121 to 29. Atheeb Telecom , which jumped last week on news of a deal to sell part of ...

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Wall Street hope revived as Trump plans to roll back rules

Bloomberg Just when Wall Street was starting to wonder whether President Donald Trump really would be good for business, the new administration is delivering on bankers’ wish lists and sending shares of the biggest US financial companies soaring. Trump signed two directives aimed at starting the process of rolling back restrictions put in place to prevent another financial crisis. Among ...

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