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The US dollar surrendered its status as the world's premier safe haven in Q4. Here's how. For much of the year, the dollar's strength was blamed for helping to weigh on stocks, as a more expensive currency ate into export revenues and corporate profits while higher Treasury yields made bonds increasingly attractive relative to stocks.
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Germany's finance minister sees 2023 inflation at 7% BERLIN, Jan 1 (Reuters) - Germany's finance minister expects inflation in Europe's biggest economy to drop to 7% this year and to continue falling in 2024 and beyond, but believes high energy prices will become the new normal. "The target remains 2%.
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Mortgage rate forecast for January 2023: Rates could yo-yo Oh, the weather outside is frightful, but the interest rate climate isn't so delightful. That's because mortgage rates have more than doubled since this time last year. So if your New Year's resolution is to purchase or refinance a residence, ...
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Canada's ban on foreign homebuyers comes into effect on Jan. 1. Here's what to know As of Jan. 1, 2023, foreign commercial enterprises and people will be prohibited to buy residential properties in Canada for two years in an attempt to cool the speculation that helped propel the country's housing market to unprecedented highs over the ...
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