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WASHINGTON (AP) — Supporters of Israel rallied by the thousands on the National Mall under heavy security Tuesday, voicing solidarity in the fight against Hamas and crying “never again." The Homeland Security Department designated the march a “level 1” security event, the highest classification in its system and one usually used for the Super Bowl and other major events, two law enforcement officials told The Associated Press. The designation means the event required substantial law enforcement assistance from federal agencies, the officials said. The officials were not authorized to discuss details of the law enforcement bulletin publicly and spoke to The Associated Press on condition of anonymity. Many of the demonstrators at the “March for Israel” wore Israeli flags wrapped around their shoulders, flowing behind them, or held small Israeli flags in their hands.

Persons: “, Isaac Herzog, ”, haven’t, Israel ”, Jackie Seley, Melanie Lubin, David, Joe Biden, Israel Organizations: WASHINGTON, —, Israel, Homeland Security Department, Super, Associated Press, FBI, Homeland Security, Ministry Locations: Israeli, U.S, Washington, Israel, Rockville , Maryland, New York, Olney , Maryland, Gaza

☆ Your world in 10 minutes: The Israel-Lebanon border heats up
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Lebanon front with Israel heats up, stoking fears of a wider war. The US House speaker tries to avoid a shutdown with a two step bill. Migrant children are being treated like adults as record numbers arrive in the Canary Islands by boat. Plus, Iceland’s volcano sparks mass evacuation and the Italian town that fell in love with a lion roaming free. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

Persons: stoking, Biden, China's Xi Organizations: Apple, Google, Reuters, Thomson, Reading, APEC Locations: Lebanon, Israel, Canary, Gaza

☆ Nepal Is Banning TikTok Over Hate Content, Officials Say
▼ + stars: | 2023-11-13 | by ( Bhadra Sharma | ) www.nytimes.com time to read: +1 min

The government in Nepal said on Monday that it was banning the popular social media app TikTok, saying the platform’s refusal to curb hate content was affecting “social harmony.”TikTok has more than a billion users globally, so the ban by a Himalayan country with a population of about 30 million is unlikely to significantly affect the app, but it is another ominous sign for the Chinese-owned company of broader efforts by governments around the world to restrict its use. TikTok was among dozens of Chinese apps India banned in 2020, following a military standoff between the two countries in the Himalayas that remains unresolved. The app has also been subjected to increased scrutiny and restrictions in the United States, Europe and Canada over concerns that sensitive data for users is being shared with the Chinese government. Nepal finds itself pulled between its two giant neighbors, but the concern has been less about Chinese misuse and more about domestic harmony. Officials cited the prevalence of content that they said was stoking religious hate, violence and sexual abuse and has led to clashes offline, forcing curfews and the deployment of the police.

Persons: ” TikTok, TikTok, curfews Locations: Nepal, United States, Europe, Canada

☆ Suella Braverman fired as David Cameron returns to UK government
▼ + stars: | 2023-11-13 | by ( Rob Picheta | ) edition.cnn.com time to read: +10 min

The hardline Home Secretary Suella Braverman was fired early on Monday morning, after making inflammatory comments about the policing of pro-Palestinian protests in central London over the weekend. Cameron served as prime minister from 2010 to 2016, resigning after Britain voted to leave the European Union in a referendum that he had called. Unlike Braverman, neither Cleverly nor Cameron are likely to go off script and lash out at the police or protesters. Monday marks the second time in just over a year that Braverman has been sacked as home secretary. Under Sunak, Braverman spearheaded a heavily publicised push to clamp down on small boat crossings made by asylum-seekers.

Persons: London CNN — Britain’s, Rishi Sunak, David Cameron, Suella Braverman, Sunak, Cameron, Downing, James, Braverman, London’s, Braverman’s, ” Neil Basu, we’ve, King Charles, Alec Douglas, –, Edward Heath’s, “, ”, —, ” Cameron, Tories ’, Carl Court, Boris Johnson, Liz Truss, Jeremy Hunt, they’d, Liz Truss’s shambolic, lambasting “, Keir Starmer, ” Starmer Organizations: London CNN, Britain, European Union, Downing Street, Times, London, Sunak, BBC, Downing, Conservative Party, Liberal Democrats, Tories, EU, Braverman, Human, Rwanda –, Conservatives, Labour Party Locations: London, Braverman, Downing, Westminster, Cameron, Rwanda, Britain, United Kingdom

☆ Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market.
▼ + stars: | 2023-11-13 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Moody's lowered its outlook for the US's credit rating to negative Friday. Negative credit outlookMoody's cut its outlook for the US's credit rating to negative Friday. The US's deficit: The US's debt pile is likely to "remain very large", per Moody's. The US's debt pile is likely to "remain very large", per Moody's. By stoking up worries about the government's massive debt pile, Moody's threatened to make a bad week worse – but the market reaction to it slashing its outlook has so far been muted.

Persons: Moody's, —, That's, Fitch, Biden, Karine Jean, Pierre, Hargreaves, Susannah Streeter Organizations: Treasury, Service, AAA, AA, Poor's, Federal, Treasury Department, Congress, White, Veterans Day Locations: Washington, British

☆ Lebanon front with Israel heats up, stoking fears of wider war
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +4 min

Israeli strikes killed two people in south Lebanon on Monday, according to a first-responder organisation affiliated to the Hezbollah-allied Amal Movement. Hezbollah has been trading fire with Israeli forces since its Palestinian ally Hamas went to war with Israel on Oct. 7. The exchanges mark the deadliest violence at the border since Israel and Hezbollah fought a month-long war in 2006. So far, more than 70 Hezbollah fighters and 10 civilians have been killed in Lebanon, and 10 people including seven troops have been killed in Israel. The 2006 war killed 1,200 people in Lebanon, mostly civilians, and 157 Israelis, mostly soldiers.

Persons: Israel, Hamas, Sayyed Hassan Nasrallah, Benjamin Netanyahu, Yoav Gallant, Nasrallah, Najib Mikati, Al, Lloyd Austin, Mohanad Hage Ali, Phil Stewart, Crispian Balmer, Dan Williams, Edmund Blair Organizations: Amal, Israel Electric Company, Hezbollah, United, Israeli, U.S . Defense, Carnegie Middle East Center, Thomson Locations: Israel, BEIRUT, JERUSALEM, Lebanese, Iran, Lebanon, Gaza, United States, Beirut, Al Jazeera, Israel's, Seoul, U.S, Jerusalem

CNN —The Chinese government has built up the world’s largest known online disinformation operation and is using it to harass US residents, politicians, and businesses—at times threatening its targets with violence, a CNN review of court documents and public disclosures by social media companies has found. Victims face a barrage of tens of thousands of social media posts that call them traitors, dogs, and racist and homophobic slurs. While tech and social media companies have shut down thousands of accounts targeting these victims, they’re outpaced by a slew of new accounts emerging virtually every day. As part of a mission “to manipulate public perceptions of [China], the Group uses its misattributed social media accounts to threaten, harass and intimidate specific victims,” the complaint states. In the past, the Spamouflage network mostly focused on issues domestically relevant to China.

Persons: –, Xi Jinping, Biden, Mike Gallagher, Chen Pokong, ”, Chen, “, Spamouflage’s, Liu Pengyu, ” Liu, Jiayang, Darren Linvill, hasn’t, Fan, Communist Party playbook, Mandiant, Nancy Pelosi, ” Ben Nimmo, George Floyd’s, Ben Nimmo, Lindsay Gorman, Gorman, ” Linvill, Linvill, Spamouflage, Jiajun Qiu, Qiu, ” Qiu Organizations: CNN, US State Department, FBI, Communist Party, Meta, Google, ”, CCP, US Department of Justice, Department, DOJ, China’s Ministry of Public Security, Group, New Yorker, telltale, Media, Clemson University, Capitol, Department of Homeland Security, Marshall Fund’s Alliance, Securing Democracy, YouTube Locations: United States, Beijing, San Francisco, China “, New York, China, New York City, America, Washington, Hong Kong, US, Texas, Virginia, Manassas , Virginia

☆ China Is Making Too Much Stuff—and Other Countries Are Worried
▼ + stars: | 2023-11-10 | by ( Stella Yifan Xie | Tom Fairless | ) www.wsj.com time to read: 1 min

Some Chinese factories, saddled with overcapacity in a struggling economy, are trying to export their way out of trouble and stoking new trade tensions in the process. Makers of electric vehicles, solar panels and other products are cutting prices and trying harder to muscle into overseas markets as they face weakened demand at home, upsetting competitors who see threats to their bottom lines.

☆ Erdogan criticises top Turkey court, stoking 'judicial crisis'
▼ + stars: | 2023-11-10 | by ( Ece Toksabay | ) www.reuters.com time to read: +4 min

Murat... Acquire Licensing Rights Read moreANKARA, Nov 10 (Reuters) - Turkish President Tayyip Erdogan waded into a brewing judicial crisis on Friday, criticising the Constitutional Court for "many mistakes" and backing an unprecedented challenge to it by an appeals court, as opponents marched in Ankara. In a twist - which critics said highlighted the diminished state of Turkey's legal system - the top appeals court said the Constituional Court's ruling was unconstitutional. "The Constitutional Court cannot and should not underestimate the step taken by the Court of Cassation on this matter," he said. They were headed to the appeals court and video showed they were briefly delayed by police. "The Court of Cassation's backlash (...) is an open and combative attack against the Constitutional Court," said Bertil Oder, professor of constitutional law at Koc University.

Persons: Tayyip Erdogan, Ozgur Ozel, Mustafa Kemal Ataturk, Murat, Tayyip Erdogan waded, Erdogan, Osman, Bertil Oder, intimidates, Ezgi Erkoyun, Jonathan Spicer, Emelia Sithole Organizations: Republican People's Party, Cassation, Constitutional, AK Party, Union, Koc University, Thomson Locations: Ankara, Turkey, ANKARA, Uzbekistan

☆ Manchin’s retirement may end up being his biggest tease yet
▼ + stars: | 2023-11-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But the West Virginia senator’s Thursday announcement that he won’t seek reelection next year only refreshed a perennial question arising from his savvy instinct for accumulating power: What exactly is he up to? Second, the announcement immediately stoked speculation that Manchin is mulling a third-party presidential bid. Manchin’s decision to quit Washington comes as a formidable potential Republican challenger, West Virginia Gov. And if Manchin can’t win in the MAGA stronghold of West Virginia, it’s impossible to believe any other Democrat can. West Virginia was once a Democratic bastion, however.

Persons: Joe Manchin, won’t, ’, Jim Justice, Manchin, Donald Trump, “, he’d, ” Manchin, he’s, Joe Biden, Trump, CNN’s Manu Raju, “ I’ve, Biden, Robert F, Kennedy Jr, Cornel West, Jill Stein, Hillary Clinton, she’d, ”, Scott Jennings, David Axelrod, Barack Obama, ” Axelrod, Trump ? Democratic Sen, Mark Warner, Virginia doesn’t, CNN’s Wolf Blitzer, Robert Byrd, John Kilwein, keener, Kyrsten Sinema, John Denver’s, John Kennedy, Bill Clinton, ” Kilwein Organizations: CNN, West Virginia senator’s, Republican, West, West Virginia Gov, GOP, Democrats ’, White, Senate, Democrats, Trump, Democratic, Harvard, Green Party, Biden, Democrat, Republicans, Trump ? Democratic, West Virginians, West Virginia University, “, ”, Arizona Sen, White House, Republican Party Locations: West Virginia, Washington, MAGA, Montana and Ohio, New Hampshire, battlegrounds, Farmington, Appalachia, Arizona, . West Virginia, Manchin’s

☆ Euro finds footing on hawkish policy remarks, lower energy prices
▼ + stars: | 2023-11-09 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. The Australian dollar fell 0.5% overnight and was last at $0.6405, just above its 50-day moving average. It seems set for its largest weekly fall since June, as the central bank appeared to raise the bar for further hikes after lifting rates on Tuesday. In Asia, China's yuan touched a two-month high in overnight offshore trade. China's consumer prices fell in October, data showed on Thursday, stoking expectations for lower interest rates.

Persons: Dado Ruvic, Gabriel Makhlouf, Joachim Nagel, Jane Foley, Mario Draghi, Brent, Ping, Michael Wan, Jerome Powell, Tom Westbrook, Christian Schmollinger Organizations: REUTERS, Central Bank's, Bank of Japan, Rabobank, Treasury, New Zealand, Canadian, Italian, ECB, Financial, Reuters, Ping An Insurance Group, HK, MUFG, Bank of Israel, Thomson Locations: SINGAPORE, Ireland's, U.S, Asia, Europe, Singapore, East, Gaza City

☆ UK's interior minister accuses police of pro-Palestinian bias over marches
▼ + stars: | 2023-11-09 | by ( Kate Holton | ) www.reuters.com time to read: +5 min

Critics in opposing parties and her own have accused her of stoking division and undermining the police. British Prime Minister Rishi Sunak has described Saturday's planned march as disrespectful and said he would hold Rowley to account that the remembrance events are safeguarded. Braverman, seen as a possible future Conservative party leader, often takes a harder line than her party as a whole on issues such as crime and immigration. Opposition Labour Party leader Keir Starmer said Sunak was too weak to challenge her. In a separate incident, two men were arrested over damage to the Cenotaph war memorial in the northern English town of Rochdale.

Persons: Braverman, Suella Braverman, Mark Rowley, Rishi Sunak, Saturday's, Rowley, Sunak, Keir Starmer, Neil Basu, King Charles, Sarah Young, Andrew MacAskill, Elizabeth Piper, Sharon Singleton, Mark Heinrich Our Organizations: The, Hamas, British, Conservative, Opposition Labour Party, British Loyalist, London, LBC Radio, Thomson Locations: Israel, Gaza, London, The Times, Northern Ireland, Britain, British, Braverman, Rochdale

Four former Russian inmates who fought with Wagner in eastern Ukraine said they had received calls and messages offering new military contracts in recent weeks, confirming recent reports by Russian military bloggers. Three former fighters said they were specifically urged to join Rosgvardia, Russia’s militarized national guard. Originally envisioned as a rear-guard force, Rosgvardia has gained prominence since the invasion of Ukraine under the leadership of Victor Zolotov, a former bodyguard of President Vladimir V. Putin. “Wagner is officially becoming a unit of Rosgvardia,” read a recruitment text received by a former Wagner fighter last week and seen by The New York Times. “The entire structure, methods of work and commanders remain the same.”

Persons: Wagner, Rosgvardia, Victor Zolotov, Vladimir V, Putin, Mr, “ Wagner, ” Organizations: Kremlin, Rosgvardia, The New York Times Locations: Ukraine

☆ I.O.C. Says It Was Target of Elaborate ‘Fake News’ Campaign
▼ + stars: | 2023-11-09 | by ( Tariq Panja | More About Tariq Panja | ) www.nytimes.com time to read: +5 min

The International Olympic Committee issued an unusual statement on Thursday saying it had been targeted by “fake news posts” that it said contained “defamatory content, a fake narrative and false information.” The elaborate campaign included manufactured quotations from I.O.C. The film remains visible on other platforms, however, including the encrypted messaging and content platform Telegram. It was a separate post on Telegram that appears to have prompted the Olympic committee to issue its statement on Thursday. Text accompanying the fake news report said the I.O.C. included links to its website and all of its official social media channels in its statement on Thursday, and requested that news media members contact it to confirm the authenticity of information circulating about the organization on social media.

Persons: Tom Cruise, Israel —, Mark Adams, Thomas Bach, ” Mr, Bach, “ Organizations: Olympic, YouTube, Telegram, Olympic Committee, State Department, Palestinian Locations: Israel, Palestine, Paris, Ukraine, Russia, Gaza, Iran, China, India, Munich

[1/4] Russian President Vladimir Putin meets Defence Minister Sergei Shoigu and vice chairman of China's Central Military Commission General Zhang Youxia at the Novo-Ogaryovo state residence outside Moscow, Russia November 8, 2023. Sputnik/Sergei Bobylev/Pool via REUTERS Acquire Licensing RightsSummary Putin praises China cooperationMeets close ally of Xi in MoscowSays cooperation is to ensure strategic securityZhang says China respects PutinMOSCOW, Nov 8 (Reuters) - President Vladimir Putin on Wednesday lauded what he described as important "high-tech" Russian military cooperation with China at a meeting in Moscow with a top Chinese general who is a close ally of President Xi Jinping. Putin, who heads the world's biggest nuclear power, said military cooperation between Moscow and Beijing was increasing and focused on high-tech areas that would ensure strategic security. "Of course, our cooperation, our contacts in the military and military-technical sphere are also becoming increasingly important, as for military-technical cooperation, here, of course, our work in high-tech spheres comes first," Putin said. Zhang said that his delegation had come in order to implement important agreements and further strengthen bilateral military cooperation.

Persons: Vladimir Putin, Sergei Shoigu, Zhang Youxia, Sergei Bobylev, Xi, Zhang, Putin, Xi Jinping, Joe Biden, Andrew Osborn Organizations: Defence, China's, Military, Sputnik, REUTERS Acquire, Wednesday, Military Commission, Russian Defence, U.S, U.S . Congress, Russian Federation, Reuters, Thomson Locations: Moscow, Russia, China, Putin MOSCOW, Beijing, Ukraine, Europe, United States, People's Republic of China, Washington, Asia, U.S, Australia, Britain

☆ Russia's Patrushev says West stoking risk nuclear weapons will be used
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Russia's Security Council Secretary Nikolai Patrushev attends a meeting of the collegium of the Prosecutor General's office in Moscow, Russia, March 15, 2023. Sputnik/Pavel Bednyakov/Pool via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY./File Photo Acquire Licensing RightsMOSCOW, Nov 8 (Reuters) - Russian Security Council Secretary Nikolai Patrushev said on Wednesday that the "destructive" policies of the United States and its allies were increasing the risk that nuclear, chemical or biological weapons would be used. "The natural consequence of the United States' destructive policies is the deterioration in the global security," Patrushev, a close ally of President Vladimir Putin, was quoted as saying by state news agency TASS. "The risk that nuclear, chemical and biological weapons will be used is increasing," Patrushev said. Reporting by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Nikolai Patrushev, Pavel Bednyakov, Vladimir Putin, Patrushev, Guy Faulconbridge Organizations: Russia's, Sputnik, Rights, Russian Security, TASS, Thomson Locations: Moscow, Russia, United States

☆ What orange juice futures tell us about the state of our world
▼ + stars: | 2023-11-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Cocoa and orange juice futures have hit multi-decade highs as climate change and harsh weather takes their toll on crops in warmer climates. Here’s the latest in the commodities market:Orange juiceOrange juice futures have soared to their highest levels since the commodity began trading in 1966. The January contract for frozen concentrated orange juice is currently sitting around $3.95, up nearly 94% so far this year. The rally has led to a rise in speculative betting, leading some analysts to call orange juice futures the new GameStop. But “the eventual crash in the price of orange juice will be one for the record books,” he quipped.

Persons: Nicole, it’s, they’re, ”, Dave Reiter, It’s, Brent, David Morrison, stoking, That’s, WeWork, Nathaniel Meyersohn, Ermengarde Jabir, Alicia Wallace, “, Ted Rossman Organizations: CNN Business, Bell, New York CNN, OJ, Sunshine State, Futures, GameStop, Reiter Capital Investments, Cocoa, West Texas Intermediate, “ Traders, Trade Nation . Energy, Wheat, Organisation for Economic Co, Federal Reserve Bank of New, New York Fed Locations: New York, Ukraine, Orange, US, Brazil, Mexico, Florida, Ghana, Ivory Coast, Ivory, Chicago, Southeast Asia, Europe, China, Russia, America, United States

☆ SEC may have to let crypto foxes into the henhouse
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

The U.S. Securities and Exchange Commission has cracked down on crypto exchanges without defining most tokens, stoking criticism that it has fostered a regulatory grey area and depressed prices. But now the agency is struggling to hire the experts it needs to keep policing the sector, partly because crypto lovers don’t want to sell their coins at depressed prices. Hiring such specialists is “critical” to probing new problems in crypto markets, the inspector general wrote. Yet supporters of bitcoin and the like have long criticized the SEC for regulating through enforcement instead of setting clear guidelines. For the SEC to do its job as best it can, it might need to replace its bad-cop routine with some good-cop action.

Persons: Ben Winck, Aston Martin, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: Reuters, U.S . Securities, Exchange Commission, bitcoin, SEC, X, Paramount, Macquarie, Thomson

☆ WeWork’s bankruptcy could have a painful effect on cities
▼ + stars: | 2023-11-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

WeWork’s bankruptcy will increase financial stress on commercial landlords that have rented large chunks of their office buildings to the co-working company. About $270 billion in commercial real estate loans held by banks will come due in 2023, according to Trepp, a commercial real estate data provider. “This is another huge problem for the office market to contend with.”No single tenant can make or break the office market, he said. Around 42% of WeWork’s occupancies are in those three cities, according to CoStar, a commercial real estate data firm. Commercial real estate was hit hard by the pandemic, with fewer people returning to offices and spending money in downtown corridors.

Persons: WeWork, ”, Ermengarde Jabir, Goldman Sachs, Stijn Van Nieuwerburgh, Peter Morgan, ” Alie Baumann, can’t, “, ” Baumann, Van Nieuwerburgh Organizations: New, New York CNN, Silicon Valley Bank, Signature Bank, Columbia Business School, Cities, New York City’s Locations: New York, America, Silicon, New York City, San Francisco, Boston, New York City . New York, NYC, New, United States, Columbia

☆ Dollar extends drop, still vulnerable after Fed
▼ + stars: | 2023-11-06 | by ( Samuel Indyk | ) www.reuters.com time to read: +4 min

The dollar index was hovering around a 6-1/2 week low of 104.84, after falling around 1.4% last week. "You could still see a somewhat weaker dollar in the short-term, but if the (euro-dollar) rally continues it needs to get some fuel from somewhere." JPMorgan analysts say a sustained dollar sell-off would need signs of improvement in the euro zone, China and other regions, which it says are "still tenuous". The latest growth and inflation data from the euro zone and manufacturing surveys from China bear that out. Euro zone recession fears hardened on Monday after a survey showed a downturn in business activity accelerated last month as demand in the services sector weakened further.

Persons: Dado Ruvic, Tina Teng, Dane Cekov, Adrian Prettejohn, Jerome Powell, Nordea's Cekov, Sterling, bitcoin, Samuel Indyk, Rae Wee, Vidya, Kirsten Donovan, Mark Potter Organizations: REUTERS, U.S, Federal, Aussie, CMC Markets, JPMorgan, Economics, European Central Bank, Bank of Japan, Thomson Locations: Auckland, China, U.S

The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low. World stocks (.MIWD00000PUS) too had their strongest week in a year as expectations the Fed was done raising rates gathered steam. "So it's good then there is expectation for the Fed and other central banks to end the rate hike cycle sooner." Treasury yields slumped last week after softness in U.S. jobs and manufacturing data and after Fed Chair Jerome Powell spoke of 'balanced' risks. The drop in the dollar and yields helped underpin gold at $1,984 , within striking distance of the recent five-month peak of $2,009.

Persons: Dado Ruvic, Tina Teng, Jerome Powell, Teng, Shri Navaratnam, Simon Cameron, Moore, Lincoln Organizations: REUTERS, Rights, U.S, Federal, Aussie, CMC Markets, J.P.Morgan Securities, Treasury, European Central Bank, Bank of, CMC, Bank of Japan, Sterling, Thomson Locations: Rights SINGAPORE, Auckland, China, U.S, Bank of England, bitcoin

☆ Dollar steady but stays vulnerable after Fed steer
▼ + stars: | 2023-11-06 | by ( Vidya Ranganathan | ) www.reuters.com time to read: +4 min

The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low. World stocks (.MIWD00000PUS) too had their strongest week in a year as expectations the Fed was done raising rates gathered steam. "So it's good then there is expectation for the Fed and other central banks to end the rate hike cycle sooner." Treasury yields slumped last week after softness in U.S. jobs and manufacturing data and after Fed Chair Jerome Powell spoke of 'balanced' risks. The drop in the dollar and yields helped underpin gold at $1,990 , within striking distance of the recent five-month peak of $2,009.

Persons: Dado Ruvic, Tina Teng, Jerome Powell, Teng, Shri Navaratnam, Simon Cameron, Moore Organizations: REUTERS, Rights, U.S, Federal, CMC Markets, J.P.Morgan Securities, Treasury, European Central Bank, Bank of, CMC, Bank of Japan, Sterling, Thomson Locations: Rights SINGAPORE, Auckland, China, U.S, Bank of England, bitcoin

☆ Dollar steady but remains vulnerable after Fed steer
▼ + stars: | 2023-11-06 | by ( ) www.cnbc.com time to read: +4 min

The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low. World stocks too had their strongest week in a year as expectations the Fed was done raising rates gathered steam. Tina Teng, a market analyst at CMC Markets in Auckland, expects the trend to sustain through November. Treasury yields slumped last week after softness in U.S. jobs and manufacturing data and after Fed Chair Jerome Powell spoke of "balanced" risks. The drop in the dollar and yields helped underpin gold at $1,990, within striking distance of the recent five-month peak of $2,009.

Persons: uptrend, Tina Teng, Teng, Jerome Powell, Sterling, bitcoin Organizations: U.S, Federal, Aussie, CMC Markets, JPMorgan Securities, JPMorgan, Treasury, European Central Bank, Bank of, CMC, Bank of Japan Locations: Auckland, China, U.S, Bank of England

Mr. Blinken sought to maintain those efforts during his trip, which included stops in Israel, Jordan, Iraq and Turkey. “Countries are very much engaged in trying to make sure that that doesn’t happen,” Mr. Blinken said on Monday after meeting with Turkey’s foreign minister, Hakan Fidan, in Ankara. But beyond emphasizing the stakes of any escalation to Iran, Mr. Blinken’s trip appeared to have far more mixed results. The constant stream of images of dead Palestinians has been stoking widespread anger, and Arab leaders affirmed privately to Mr. Blinken that their public talk of a cease-fire wasn’t hollow. They need one immediately, they told Mr. Blinken.

Persons: Antony J, Blinken, Mr, Hakan Fidan, Israel, Biden Organizations: Pentagon, U.S . Central Command, American, Sunday, Central Command, Mr, U.S Locations: Iran, East, United States, Israel, U.S, Jordan, Iraq, Turkey, Ankara, Syria, Gaza, Egypt

On Thursday, Hezbollah, an ally of Hamas, attacked Israeli positions in the north with drones, mortar fire and suicide drones. The Israeli military said it retaliated with warplanes and helicopter gunships. More than 9,000 Palestinians have been killed in Gaza so far, and another 1,400 people have died in Israel, mainly civilians killed during Hamas’ initial attack. Casualties on both sides are expected to rise as Israeli troops advance toward the dense residential neighborhoods of Gaza City. Hundreds of thousands of Palestinians remain in the path of fighting in northern Gaza, despite Israel’s repeated calls for them to evacuate.

Persons: KHAN YOUNIS, Antony Blinken, Hassan Nasrallah, stoking, Joe Biden's, Netanyahu, ”, Blinken, Biden, John Kirby, Herzi Halevy, Israel, Daniel Hagari, Israel’s, Philippe Lazzarini, ___ Mroue Organizations: —, U.S . State Department, Health Ministry, Hamas, White House, State Department, Palestinian, West Bank . Military, Gaza Health Ministry, Hezbollah Locations: Gaza, Israel, Gaza City, Lebanon, Tel Aviv, Amman, Jordan, U.S, Hamas, Egypt, Beirut, Bangkok, israel

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