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Market News
October 18, 2021
Goldman Says Cash Pile Will Drive Equity Allocations to New High
High valuations won’t be a barrier to increased stock allocations next year due to a lack of alternatives and big cash piles, according to Goldman...
October 18, 2021
Poland Tells Dutch Mind Your Own Business in EU Rule of Law Row
Dutch Prime Minister Mark Rutte is “the last person” to lecture Poland over its apparent rule-of-law lapses because of the Netherlands’...
October 18, 2021
Romanian PM-Designate Proposes Government With Approval Unlikely
Romanian Prime Minister-Designate Dacian Ciolos submitted a proposed minority government to parliament, though it’s chances of approval are remote,...
October 18, 2021
Playtech’s $3.7 Billion Deal Continues Online Gambling Frenzy
Shares in the British gambling software developer Playtech Plc soared by nearly 60% after the company agreed to a A$5 billion ($3.7 billion) takeover...
October 18, 2021
Scholz Coalition Eyes $580 Billion in Spending on German Reboot
Germany’s prospective ruling coalition is targeting about 500 billion euros ($580 billion) in spending over the coming decade to address climate...
October 18, 2021
BOE Rates Traders Should Fret About Effect of U.K.’s Twin Tightening
Governor Andrew Bailey was pretty explicit about the rising path for the Bank of England’s policy rate. Traders have already priced this in, with a...
October 18, 2021
Kishida Defends Japan Sales Tax From Opponents’ Calls for Cut
Prime Minister Fumio Kishida stood by plans to keep Japan’s sales tax at its current rate as opposition groups called for a cut, backing a policy...
October 18, 2021