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  • Reuters

    FOREX-Dollar edges up, investors weigh outlooks for rates and economy

    The dollar edged up on Thursday, supported by a push higher in U.S. Treasury yields, as investors weighed the outlook for Federal Reserve policy against the chances that high interest rates could lead to a recession. Next week brings a raft of major central bank decisions, including those from the Federal Reserve, the European Central Bank and the Bank of England. U.S. monthly consumer inflation is also due next week, one day before the Fed's policy meeting on Dec. 14, and could be pivotal in setting longer-term expectations for monetary policy.

  • Reuters

    UK card spending shows pre-Christmas pick-up: ONS

    British consumer spending on credit and debit cards picked up in cash terms in early December, in line with usual seasonal trends, the Office for National Statistics said on Thursday after releasing a range of weekly data. Credit and debit card spending in the week to Dec. 1 was 13 percentage points higher than a week earlier, according to interbank payment data for major retailers, provided to the ONS by the Bank of England. Separately, debit card provider Revolut reported that spending by its customers was up by 4 percentage points in the week to Dec. 4 and was 17 percentage points higher than a year earlier, the ONS said.

  • Bloomberg

    Ukraine Latest: Zelenskiy Warns of Prolonged Power Shutdowns

    (Bloomberg) -- Ukrainian President Volodymyr Zelenskiy told citizens that shutdowns will continue across most of the country even as workers race to repair damage to power infrastructure inflicted by Russian attacks.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressBe Careful, Here Come the Predictions for 2023Why Did So Many US Men Quit Working? Social Status May Hold the Key, Study SaysMusk Sp