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Swiss February gold exports up on year ago, but off January high
LONDON, March 20 (Reuters) - Gold exports from Switzerland leapt by more than a quarter year on year in February as a big rise in supplies to the United States continued, albeit at a lower rate than in January, Swiss customs data showed on Thursday.The U.S. demand offset lower deliveries to India an...Reuters
Thu, Mar 20
CORRECTED-PREVIEW-Nike to post worst revenue fall in 5 years on stagnant demand
By Nicholas P. Brown and Ananya Mariam Rajesh March 19 (Reuters) - Nike NKE.N is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to snap up non-essential items like sport...Reuters
Thu, Mar 20
Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
Pinduoduo faces competition from Alibaba and JD.com in ChinaTemu's international growth threatened by potential U.S. policy changesPDD exploring new business models amid global challengesBy Deborah Mary Sophia and Casey Hall March 20 (Reuters) - PDD Holdings PDD.O, which operates e-commerce p...Reuters
Thu, Mar 20
US existing home sales unexpectedly rise in February
WASHINGTON, March 20 (Reuters) - U.S. existing home sales unexpectedly increased in February as rising supply pulled buyers back into the market, but rising economic uncertainty could limit further gains.Home sales rose 4.2% last month to a seasonally adjusted annual rate of 4.26 million units, the ...Reuters
Thu, Mar 20
TREASURIES-Yields tumble after Fed highlights economic risks
Yields fall as Fed cautious on economic outlook Jobless claims rose slightly last weekTreasury to sell $18 bln 10-year TIPSBy Karen Brettell March 20 (Reuters) - U.S. Treasury yields tumbled on Thursday after Federal Reserve Chair Jerome Powell indicated that the U.S. central bank is ready to act...Reuters
Thu, Mar 20
US current account deficit narrows in fourth quarter
Current account deficit narrows to $303.9 billion in Q4Imports of goods hit record high in January due to tariff concerns WASHINGTON, March 20 (Reuters) - The U.S. current account deficit contracted in the fourth quarter, but the improvement could be temporary as goods imports surged to a record ...Reuters
Thu, Mar 20
Europe exposed to economic coercion via payment schemes, ECB warns
FRANKFURT, March 20 (Reuters) - Europe's dependence on American payment providers leaves it open to economic coercion, European Central Bank chief economist Philip Lane said on Thursday, outlining a key risk in the deteriorating relationship between Europe and the U.S.Europe has been reevaluatin...Reuters
Thu, Mar 20
US weekly jobless claims rise marginally as labor market remains stable
Labor market stable despite rising economic uncertaintyClaims data includes March nonfarm payrolls survey week WASHINGTON, March 20 (Reuters) - The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in Ma...Reuters
Thu, Mar 20
