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The UK unemployment rate remained unchanged at 5.2% in the three months to January 2026, below expectations of 5.3% but still at its highest level since the three months to February 2021.
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Gold fell toward the $4,850 per ounce on Wednesday to trade near its lowest level in a month as surprisingly hot producer inflation reinforced expectations for a hawkish Federal Reserve policy hold.
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US equities were mostly lower on Wednesday as evidence of higher inflation added to concerns that soaring energy prices could result in stagflation.
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-Iran listed Gulf energy sites it may target after Israel hit Iranian gas field -Brent crude climbed more than 5% to above $109 a barrel -Iran’s intelligence minister Esmaeil Khatib was killed -Donald Trump temporarily waived a century-old shipping mandate -JD Vance is set to meet oil industry executives Thursday
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