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US stocks steady, Treasury yields touch 19-month low

Bloomberg US equity futures steadied with European stocks as traders returned from American and UK holidays with a cautious outlook. The dollar advanced with Treasuries. Contracts on the S&P 500 fluctuated alongside those on the Dow Jones Industrial Average and the Nasdaq 100. The Stoxx Europe 600 index was steady, erasing earlier losses after better-than-forecast economic confidence data and as ...

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Calm returns to China’s stock market after $1.3 trillion rout

Bloomberg Investors are taking a breather from the recent market rout that has wiped out almost $1.3 trillion from China’s stock market. The CSI 300 Index hasn’t moved more than 2 percent in either direction in the past seven sessions, the longest streak of calm since February. The index closed 1 percent higher on Tuesday. Volatility has dropped too, with ...

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India’s shadow lenders face margin squeeze from tough liquidity rules

Bloomberg India’s shadow banks are likely to see a further squeeze on their profit margins after the Reserve Bank of India (RBI) signalled it will tighten liquidity requirements to bring them in line with the country’s more closely regulated commercial banks. Instead of providing a much-expected liquidity window to non-bank finance companies via the regular lenders, the central bank took ...

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