Earnings Reports and Whispers
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Brazil’s central bank held its steep interest rates unchanged after five consecutive cuts as inflation drifted away from target amid growing concern around government spending.
The Singapore stock market has moved lower in five straight sessions, slumping almost 130 points or 2.5 percent along the way. The Straits Times Index now sits just beneath the 5,270-point plateau although it may find traction on Thursday.
AppLovin’s stock is popping after “clearly positive” earnings results.
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