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Commodities
03 Oct
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Over 50% of the world's population is now middle class

For the first time in history, over half of the world’s population (3. 8bn people) are now considered to be middle class or rich, marking a global tipping point in which poor and vulnerable people are no longer a majority in the world.

03 Oct
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Russia steering away from US dollar as Putin chastises 'scumbag' Skripal

The Russian government is working on plans to encourage the use of currencies other than the US dollar in an attempt to nullify the effects of further potential sanctions from Washington.

03 Oct
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Yellow Cake 'delighted' at IPO success and uranium market strength

Uranium storage company Yellow Cake on Wednesday predicted the uranium market’s strength will continue beyond the third quarter due to demand from Asia.

03 Oct
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Fed's Evans "quite comfortable" with expectations for December rate hike

A top US central bank official said on Wednesday he was confident with the interest rate path implied by market pricing, including a hike when the Federal Open Market Committee next met.

03 Oct
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Record US job growth continues, ADP report shows

New data released on Wednesday showed the US labour market was still running hot, with the private sector, in particular, adding many more jobs than forecast during September.

03 Oct
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New York authorities investigate Trump family tax fraud allegations

New York state tax authorities are looking into President Donald Trump's tax affairs after the New York Times reported that he was involved in "dubious tax schemes during the 1990's, including instances of outright fraud. ".

03 Oct
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Euro area PMIs reveal downside risks for Spain, Italian services resilient

Economic activity in the euro area was little changed last month, supported by incoming new orders, according to final readings on two closely-followed surveys, albeit weaker than expected in Germany, Spain and Italy.

03 Oct
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Italian bonds bounce on reports Rome may trim deficit targets

The Italian government may yield to criticism of its recent budget proposals, but only modestly, following a late night meeting between the Prime Minister, Giusseppe Conte, and the country's two deputy PMs, Five Star leader Luigi di Maio and the League's Matteo Salvini.