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Asia shares anxious for earnings season, U.S. data deluge

SYDNEY (Reuters) -Asian shares faltered on Monday as anxious investors wait to see if U.S. earnings can justify sky-high valuations, while a rally in bonds could be tested by what should be very strong readings for U.S. inflation and retail sales this week.

Analysis: Big U.S. Treasury auctions could restart rise in yields

U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent lull in the bond market, reigniting a rise in yields that worried investors in the first quarter. Treasury yields have dipped since April 1 during a two-week pause in issuance, reversing some of the dramatic rise in February and March. That eased concerns that higher borrowing costs will hurt stocks, particularly in growth sectors like technology, which hav

Ecuador shuns socialism with Lasso's surprise election

Ecuadorean banker Guillermo Lasso unexpectedly won the nation's presidency on promises to revive an economy battered by coronavirus as his rival's vows of a return to socialist largesse failed to win over a skeptical electorate.


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