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Traders explore FX havens as rising rates dent case for bonds

  Bloomberg The prospect of Federal Reserve policy tightening and signs of thinner bond market liquidity are denting the case for Treasuries as a reliable haven just as amped up geopolitical tensions around Ukraine have investors on alert for potential refuge assets. That’s spurring some to look more closely at currency markets in particular for alternative ways to protect themselves ...

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US futures surge on Biden-Putin summit

  Bloomberg US equity futures rise and Asian stocks pared losses on Monday as traders evaluated the possibility of a summit on Ukraine between President Joe Biden and his Russian counterpart Vladimir Putin. Nasdaq 100, S&P 500 and European contracts erased falls to climb about 1%, while an Asia-Pacific equity index came off its lows but stayed in the red. ...

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UAE offers condolences over Brazil flood, landslide victims

ABU DHABI / WAM The United Arab Emirates has expressed its sincere condolences and solidarity with Brazil over the victims of floods and landslides that have hit the Brazilian state of Rio de Janeiro, killing scores of people, leaving tens of injured and missing, and triggering widespread damage. In a statement, the Ministry of Foreign Affairs and International Cooperation expressed ...

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