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Evening Press Review
Wed, 28 May 2014 14:08:13 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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AUD/CHF 4H Chart: Channel Up
Wed, 28 May 2014 14:08:04 GMT
 
AUD/CHF has been moving similarly to EUR/CHF since January. The Swiss Franc is losing its positions versus other major currencies, and according to Dukascopy traders, the tendency will persist, as >>
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EUR/CHF 4H Chart: Channel Up
Wed, 28 May 2014 14:07:54 GMT
 
A 161-bar long channel up has been formed by EUR/CHF currency pair in mid-April. However, it is important to mention that trading range is narrowing slowly, hence, it can be >>
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USD/TRY 4H Chart: Falling Wedge
Wed, 28 May 2014 12:00:19 GMT
 
By connecting the peaks and troughs of USD/TRY charted since the end of March, it is possible to come to a conclusion that there is a falling wedge emerging on >>
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EUR/SEK 4H Chart: Channel Up
Wed, 28 May 2014 12:00:11 GMT
 
With the help of the demand located at 8.80 EUR/SEK managed to commence a recovery earlier this year. Because of the upward impetus the currency pair formed a bullish channel. >>
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Norway retail sales increase unexpectedly in April
Wed, 28 May 2014 11:31:23 GMT
 
The volume of retail sales, taking a significant part of the service sector, which accounts for more than 50% of Norwegian economy, advanced 0.5% in April of the current year >>
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Swiss economy climbs on exports and construction
Wed, 28 May 2014 11:20:06 GMT
 
Economic growth in Switzerland increased the pace of advance in the first three months of the year 2014, as the GDP added 0.5% on a quarterly basis after a slight >>
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European bonds surge amid possible ECB stimulus
Wed, 28 May 2014 11:09:03 GMT
 
A significant number of state bonds in Europe jump today, as experts prepare for further stimulus from the ECB, which can be announced the next week. Belgian 10-year bonds' yields >>
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Danish economy recovers as consumption rises
Wed, 28 May 2014 10:58:04 GMT
 
Economy of Denmark returned to advance in the first three months of this year, as domestic consumption added 2% and investment increased. GDP of the country jumped 0.9% quarter-on-quarter after >>
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European stocks fall as companies miss profit estimates
Wed, 28 May 2014 10:47:08 GMT
 
Equities of the biggest European companies decline on Wednesday, as investors evaluate their performance for work in the first quarter, while some of them decreased future profit projections. The benchmark >>
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German jobless rate stays unchanged in April
Wed, 28 May 2014 10:36:21 GMT
 
Unemployment in the Europe's largest economy held steady in April with overall employment advanced on a monthly basis in April, the latest report released by the statistical office Destatis showed >>
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Spanish retail sales grow in April
Wed, 28 May 2014 10:25:06 GMT
 
Spain's retail sales accelerated in April rising for the second successive month, however the pace of growth weakened on the month, the latest report unveiled by the statistical office INE >>
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France's producer prices fell in April
Wed, 28 May 2014 10:14:06 GMT
 
Producer prices in France slipped in April matching economists' expectations, a report unveiled by the statistical office showed on Wednesday. According to the report, the country's producer prices fell by >>
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China's industrial profits up 10% in January-April period
Wed, 28 May 2014 10:03:05 GMT
 
Industrial profits in the world's second largest economy advanced in the January-April period, according to a report released by the National Bureau of Statistics showed on Wednesday, as utilities added >>
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Australian leading index weakens in April
Wed, 28 May 2014 09:52:34 GMT
 
A leading economic indicator in Australia eased slightly in the months of April after it was flat in March, the latest survey released by the Westpac Bank showed on Wednesday. >>
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