in the Iranian capital early Wednesday, Iran and the militant group said, blaming Israel for a shock assassination that could escalate conflict in the region, potentially affecting oil supplies.
Traders expect the Fed to hold off on cutting interest rates when it announces its decision on Wednesday but to go ahead with a rate cut at its next meeting in September.in the 20 countries that use the euro ticked up to 2.6% in July, a report said Wednesday, stubbornly above the European Central Bank’s target. That complicates the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery from more than a year of stagnation.
The Hang Seng in Hong Kong added 2% to 17,344.60 and the Shanghai Composite index was up 2.1% at 2,938.75 after official data showedcontracted for a third straight month, fueling expectations that Beijing will need to roll out more stimulus to counter a slowdown.Australia’s S&P/ASX 200 advanced 1.8% to 8,092.30 after data showed the annual rate of inflation has risen to 3.8% from 3.6% when the year started, and the consumer price index rose 1% compared with the last quarter.
BEIRUT — Hamas leader Ismail Haniyeh was killed by a predawn airstrike in the Iranian capital Wednesday, Iran and the militant group said, blaming Israel for a shock assassination that risks escalating the conflict even as the U.S. and other nations were scrambling to prevent an all-out regional war. Iran's supreme leader vowed revenge against Israel.
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