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Wall Street heavyweights warn of pain ahead despite market’s recent reprieve

ANALYSIS-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve Changes headline, adds context, updates prices By David Randall NEW YORK, Jan 25 (Reuters) - Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through 2023 without a recession, even as hopes of easing inflation and resilient growth propel stocks higher.
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Wall Street heavyweights warn against ‘Goldilocks’ hopes

ANALYSIS-Wall Street heavyweights warn against ‘Goldilocks’ hopes By David Randall NEW YORK, Jan 25 (Reuters) - Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will escape a recession in 2023, as hopes of a so-called Goldilocks scenario of easing inflation and resilient growth propels stocks higher.
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Australian shares snap five-day rally after hot inflation data

Australian shares snap five-day rally after hot inflation data Australian CPI surges 1.9% in December quarter NZ consumer inflation below cenbank forecast Australian mining, tech stocks lead retreat Updates to close By Jaskiran Singh Jan 25 (Reuters) - Australian shares snapped five consecutive sessions of gains on Wednesday, as hotter-than-expected inflation data cemented the case for more interest rate hikes from the central bank.
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Dollar pinned near nine-month low vs euro, yen bounces

FOREX-Dollar pinned near nine-month low vs euro, yen bounces Updates prices, adds comment By Amanda Cooper LONDON, Jan 24 (Reuters) - The dollar hovered near nine-month lows against the euro and surrendered recent gains against the yen on Tuesday, as traders weighed up the diverging economic outlooks for the United States and Europe. Euro zone data on Tuesday reinforced the view that the economy is surviving a winter of intense price pressures reasonably well, analysts said.
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Dollar stuck near nine-month low vs euro as yen bounces

CORRECTED-FOREX-Dollar stuck near nine-month low vs euro as yen bounces Corrects paragraph 10 to show euro/dollar trading at $1.08725 not $1.8725; no other changes to text By Amanda Cooper LONDON, Jan 24 (Reuters) - The dollar hovered near a nine-month low against the euro and surrendered recent gains against the yen on Tuesday, as traders weighed the risks of a U.S.
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