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Market News and Analysis
ECB cuts interest rates to record low
Fri, 03 May 2013 06:03:02 GMT
The European Central Bank during its monthly policy meeting decided to cut the benchmark interest rate to a new record low, as the 17-nation euro region struggles to emerge from >>
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U.K. construction sector activity falls at slower rate in April
Thu, 02 May 2013 18:10:03 GMT
Construction sector in the United Kingdom continued to contract in April, but at a slower rate than the month before, the latest figures released by the Chartered Institute of Purchasing >>
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U.S. jobless claims drop to 5-year low
Thu, 02 May 2013 17:59:04 GMT
Initial claims for unemployment benefits in the U.S. fell surprisingly to the lowest level in 5 years in the week ended on April 27, according to a data released by >>
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U.S. trade deficit narrows in March
Thu, 02 May 2013 17:48:04 GMT
Trade balance of the U.S. came in deficit in March, however, the gap narrowed as the value of imports fell at a faster pace than the value of exports, the >>
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U.S. labour productivity rebounds in Q1
Thu, 02 May 2013 17:17:04 GMT
Labour productivity in the world's largest economy bounced back from losses recorded in the last three months of 2012, however, the rate of growth was below forecast, the Labor Department >>
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Coffee gains amid limited supplies in Brazil
Thu, 02 May 2013 17:06:04 GMT
Coffee futures traded in New York are set for the largest gain in a four-month period amid speculations that the world's biggest producer of the commodity, Brazil, will limit supplies >>
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Pound rises on favourable construction results
Thu, 02 May 2013 16:55:04 GMT
The British Pound appreciated versus the 17-nation bloc currency on Thursday after the U.K. report showed that construction in the country improved, and as the ECB's President Mario Draghi said >>
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DAX up as ECB lowers the interest rate
Thu, 02 May 2013 16:28:04 GMT
German equities advanced on Thursday as the European policy makers decided to lower the interest rate from 0.75% to 0.5% at their meeting in Bratislava. In addition, Germany's manufacturing PMI >>
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U.K. shares slip on weak comments from the ECB
Thu, 02 May 2013 16:17:03 GMT
The London Stock Exchange traded red on Thursday amid weaker than expected message from the ECB. European Policy makers lowered the main interest rate from 0.75% to 0.5% and retained >>
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Dukascopy Aggregate Technical Indicator Afternoon
Thu, 02 May 2013 16:06:30 GMT
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:00 GMT. >>
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Evening Trade Pattern Ideas
Thu, 02 May 2013 16:01:12 GMT
Dukascopy Trade Pattern Ideas for AUD/USD (Channel Down), USD/PLN (Channel Down), AUD/NZD (Rectangle) and USD/TRY (Double Bottom) till 16:30 GMT. >>
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Evening Press Review
Thu, 02 May 2013 15:23:58 GMT
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Hong Kong shares down as PMI drops in April
Thu, 02 May 2013 14:24:03 GMT
Hong Kong shares finished lower on Thursday, following weak unemployment and manufacturing data on the U.S. economy. In addition, Chinese PMI declined to 50.9 in April from 50.9 in March, >>
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Adam Cole, Global Head of FX Strategy at RBC Capital Markets, on UK's economy and British Pound
Thu, 02 May 2013 13:58:59 GMT
To my mind, the United Kingdom is probably in a middle of stagnant activity with a little growth. >>
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NZD/USD slips through 20-day SMA
Thu, 02 May 2013 13:50:30 GMT
The kiwi depreciates for a second day after touching the weekly R1 level at 0.8587. >>
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