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France political crisis looms over ECB meeting
France political crisis looms over ECB meeting
Economy
by  AFP

France's political crisis will likely take centre stage at a European Central Bank meeting Thursday, with turmoil in the eurozone's second-biggest economy causing a fresh headache for policymakers. But the latest French political crisis has thrown a new curveball at the central bank for the 20 countries that use the euro.

Markets mostly up as US producer price data stokes rate cut bets
Markets mostly up as US producer price data stokes rate cut bets
Economy
by  AFP

Asian equities mostly rose Thursday as investors built on this week's rally after US data ramped up expectations for a string of interest rate cuts. The data soothed worries that US President Donald Trump's tariff war would reignite inflation -- as many have warned -- and gave the Fed room to cut rates and address weakness in the jobs market.