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The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, Federal Reserve Vice Chair Richard Clarida said on Tuesday. Investors will now turn their attention to a speech on Wednesday by Fed Chairman Jerome Powell and minutes from the central bank’s Nov. 7-8 meeting, to be released on Thursday, for further clues of how many more times the Fed is likely to raise interest rates. Sterling slumped against the dollar and the euro as doubts grew about whether British Prime Minister Theresa May can get a Brexit agreement through a divided Parliament women’s shirts with cufflink holes uk sale.
Treasury yields fell on Tuesday afternoon after $40 billion of new five-year notes were sold to strong demand and on resurgent worries about U.S.-China trade tensions. The benchmark 10-year government note yield US10YT=RR was down 1.5 basis points from Monday’s close, last at 3.06 percent women’s shirts with cufflink holes uk sale. In commodity markets, oil prices dipped, weighed down by uncertainty over the U.S.-China trade war and signs of increased global crude production. But losses were limited by expectations that crude exporters would agree to cut output at an upcoming OPEC meeting..
(Reuters) – Walt Disney Co (DIS.N) and Twenty-First Century Fox Inc (FOXA.O) on Tuesday rejected claims in a Malaysia casino operator’s lawsuit accusing them of abandoning a licensing contract tied to the planned construction of a Fox-branded theme park. Disney and Fox said Genting Malaysia Bhd’s (GENM.KL) respective claims against them were “without merit.”. Genting shares fell 16.7 percent on Tuesday, a day after the Kuala Lumpur-based company sued the American media and entertainment companies in Los Angeles for more than $1 billion women’s shirts with cufflink holes uk sale. The decline came before Disney and Fox issued their statements..
According to the complaint, Fox Entertainment Group, under pressure from Disney, breached a 2013 contract to license its intellectual property for a planned theme park at the Resorts World Genting complex, an hour’s drive from Kuala Lumpur, Malaysia’s capital. Genting blamed Fox for years of delays, and said Disney, which is buying many Fox assets for $71.3 billion, wanted to back out altogether because partnering with a gaming company did not fit its “family-friendly” brand strategy women’s shirts with cufflink holes uk sale.
The complaint also said Fox issued a default notice in a manner consistent with Disney wanting to “kill the deal.”. Twentieth Century Fox Film, one of the defendants, rejected that allegation. “The allegation that Disney, rather than Fox, finally decided to declare a default is simply made up,” a spokesman said. Genting said more than 23 million people annually visit Resorts World Genting, which includes a casino, seven hotels, shopping malls, performance venues, gondola lifts and scores of restaurants, bars and clubs women’s shirts with cufflink holes uk sale.