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Gold futures rise with the Fed's rate in focus
Mon, 04 Aug 2014 10:42:10 GMT
 
As traders assess the possibility of higher interest rates in the US, gold futures rose on Monday. Due to disappointing unemployment figures, traders are wary that interest rates in the >>
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NZD/USD weakens, investors cautious
Mon, 04 Aug 2014 10:31:12 GMT
 
The New Zealand Dollar depreciated versus its U.S. peer today, as investors remained prudent following the release of unfavourable U.S. jobs figures on Friday. NZD/USD reached 0.8503 in the afternoon Asian trade, dropping >>
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Portugal reports €4.9 billion Espirito Santo bailout
Mon, 04 Aug 2014 10:20:11 GMT
 
Bank of Portugal has taken control of Banco Espirito Santo SA by bailing it out with 4.9 billion euros, which will cause the junior bondholders to take a loss. The Portugese central >>
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Chris Tennent-Brown, Economist, on the Kiwi
Mon, 04 Aug 2014 10:09:42 GMT
 
This year the economy is still carrying the momentum we had expected it to at the start of the year. >>
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Joblessness drops in Spain
Mon, 04 Aug 2014 09:23:14 GMT
 
The fourth largest economy in the Euro zone, Spain, released today the figures regarding unemployment change. The data showed that the number of jobless people dropped by 29,841 in July. >>
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Aussie steady against the US Dollar after data
Mon, 04 Aug 2014 09:12:20 GMT
 
Following the release concerning the growth in Australian retail sales the Aussie held steady against the greenback. The data released showed that retail sales climbed by 0.6% in June, surpassing >>
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China central bank plans no further monetary easing
Mon, 04 Aug 2014 09:01:48 GMT
 
The PboC stated that the country's credit and money supply have grown quickly and notified it will abstain from further monetary easing to back up the economy. The IMF said last week China's >>
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China's non-manufacturing PMI falls to 6-month low
Mon, 04 Aug 2014 08:50:12 GMT
 
The Chinese PMI for the non-manufacturing sector was 54.2 in July falling from 55 the month prior. However, the general sentiment towards the economy is still positive as the number indicates further expansion >>
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U.K. currency falls as economic data disappoints
Mon, 04 Aug 2014 08:39:13 GMT
 
The Sterling depreciated for the fourth week in a row versus the Greenback as U.K. economic figures from the manufacturing production to the consumer confidence were lower than anticipated. The Pound slipped >>
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Aussie strengthens on retail sales and job ads data
Mon, 04 Aug 2014 08:28:12 GMT
 
Retail sales in the South Pacific country jumped more than initially expected in June following a sharp fall un sales in the previous month, in a sign that consumers have >>
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Kuroda upbeat on growth and inflation outlook
Mon, 04 Aug 2014 08:17:20 GMT
 
The Bank of Japan Governor Haruhiko Kuroda still remains optimistic about the country's economic prospects and inflation, highlighting a divergence in the BoJ policymakers' views, as his colleagues expressed concerns >>
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Morning Press Review
Mon, 04 Aug 2014 08:06:22 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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UK Manufacturing PMI declines on concerns for exports
Mon, 04 Aug 2014 07:57:23 GMT
 
"It remains too early to gauge the impact of the Ukraine crisis, but the worry is that the combined effects of expected policy tightening, heightened economic uncertainty and sluggish trade >>
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U.S. unemployment rate ticks up to 6.2%
Mon, 04 Aug 2014 07:46:16 GMT
 
While American employers added more than 200,000 new jobs for a sixth consecutive month in July, the longest period since 1997, the unemployment rate rose to 6.2% as more people >>
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Spanish PMI falls, but still in expansionary zone
Mon, 04 Aug 2014 07:35:10 GMT
 
ctivity in the Spanish manufacturing sector rose at a slower pace in July, even despite the fact that companies continued to take on new employees in a sign that the >>
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