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Dollar gains against peers as traders seek havens

BLOOMBERG The dollar strengthened against most of its major peers as currency traders got their first chance to react to a shock attack. The greenback — seen as a haven in times of trouble — advanced 0.2% versus the euro and pound, while risk currencies such as the Aussie and kiwi weakened. The Norwegian krone was the best-performing major currency ...

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Chinese stocks languish after return from holiday amid risks

BLOOMBERG Chinese stocks ended lower in a choppy session following their return from the Golden Week break, as investors parsed holiday-spending data while navigating global market volatility. The CSI 300 Index closed down 0.1% on Monday, its first trading session since September 28. Risk assets were hammered last week as renewed concern about higher-for-longer US interest rates spurred a Treasuries ...

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Metro Bank CEO says Barclays among potential buyers of mortgages

BLOOMBERG Metro Bank Holdings CEO Daniel Frumkin indicated that Barclays Plc is among the possible buyers of a $3.7 billion mortgage portfolio the struggling lender put up for sale as it attempts to strengthen its balance sheet. Frumkin said the process had attracted significant interest from potential suitors including one not “dissimilar to what’s on your paycheck.”

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