Markets News
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Asian stocks swung between gains and losses, with the regional benchmark index near a two-month low, amid speculation a possible change of government in Japan at elections next month may trigger more aggressive central bank action. Sony Corp. slumped.
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The krone, krona, koruna and sterling are the best alternatives for investors seeking exposure to Europe, according to John Taylor, founder of FX Concepts LLC one of the largest currency hedge funds.
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Treasury yields were 21 basis points from the record low before a U.S. report economists said will show the cost of living grew in October at the slowest pace in three months as inflation held in check.
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Israeli jets struck the Gaza Strip, killing the leader of Hamas’s military wing and pushing the conflict to its harshest level since the military buildup that preceded Israel’s pre-New Year’s ground invasion of 2008.