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Euro zone inflation on the rebound
Wed, 17 Sep 2014 10:43:06 GMT
 
The Euro zone inflation rate fared better than expected, clocking in at 0.4%, overstepping Eurostat's forecast of 0.3%, which expected a drop from July's rate of 0.4%. This is definitely >>
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U.K's unemployment rate lowest since 2008
Wed, 17 Sep 2014 10:32:04 GMT
 
The newest data released by the International Labour Organization revealed that the unemployment rate in the U.K. has fallen to 6.2%, dropping from 6.4%, surpassing the economists' forecasts of 6.3%. While this points towards the strengthening of the >>
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Industrial metals gain from China's stimulus
Wed, 17 Sep 2014 09:00:09 GMT
 
As China announced its 500 billion yuan stimulus for its five biggest banks, metals increased for the second day in a row. Nickel picked up by 1.5%, its highest in >>
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Pound adds against Euro before BoE releases meeting minutes
Wed, 17 Sep 2014 08:49:13 GMT
 
The Pound increased as the Bank of England is set to release its Monetary Policy Meeting minutes on Wednesday. The August minutes revealed that two members of the committee voted >>
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Interest rate hike may be the next step for Fed
Wed, 17 Sep 2014 08:38:13 GMT
 
Wednesday's Federal Reserve meeting may shed light on the increase of interest rates, although the Fed's current plans do not foresee a significant change in the policy until the mid-2015. >>
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China follows ECB's lead with stimulus
Wed, 17 Sep 2014 08:12:08 GMT
 
The People's Bank of China, China's central bank, decided to add to liquidity in midst of the dormant growth by flooding 500 billion yuan, or $81 billion into the largest >>
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Bent levels off at $98 due to soft demand
Tue, 16 Sep 2014 09:23:04 GMT
 
Brent crude fluctuated around the $98 mark on Tuesday, extending its gains after receiving some reprieve from its lowest in two years. The dormant manufacturing performance in the U.S. and >>
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European stocks lose in the light of Fed's meeting and ZEW index
Tue, 16 Sep 2014 09:12:05 GMT
 
Many European stocks lost, sliding to their lowest in two weeks time, as investors hold off to await the results of the latest FOMC meeting. Orange SA lost 1.3% and >>
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Gold gains as investors brace themselves for FOMC meeting
Tue, 16 Sep 2014 08:44:04 GMT
 
On Tuesday, gold increased its small gains as investors weighed in on the Federal Reserve policy meeting, yet they remained very tentative in their bets, waiting for more than speculations. If the Fed makes >>
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Aussie's insufficient slide may prompt RBA for action
Tue, 16 Sep 2014 08:33:03 GMT
 
The Australian Dollar might be headed for the 85 U.S. cent mark, thus not releasing Australia from its reliance on resource industries. The currency could drop to 85 U.S. cents >>
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With Fed's meeting, Asian shares lose their footing
Tue, 16 Sep 2014 08:22:04 GMT
 
As the Federal Reserve is gearing up for its policy meeting this week, Asian shares slid to their lowest in 10 weeks time. The MSCI index for shares outside of >>
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Aussie and Kiwi probe new lows as Greenback pushes on
Fri, 12 Sep 2014 08:51:04 GMT
 
The Australian Dollar slid its lowest level in six months time to $0.9060 on Friday, before levelling off at $0.9068, and losing 0.3% during the day. The loss came just as the >>
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Volatility on the rise before Scottish vote
Fri, 12 Sep 2014 08:40:07 GMT
 
British equities are not faring well in the light of the vote for Scottish independence which is to take place on September 18. The volatility expectations advanced to the levels of November 2008, causing The FTSE 100 Volatility Index to >>
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U.S. budget deficit shrinks as revenues grow
Fri, 12 Sep 2014 07:45:18 GMT
 
Federal budget gap in the United States declined to $128.7 billion in August of this year, comparing with $147.9 billion a year ago. During the October-August period of the current >>
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U.S. retail sales poised to gain
Fri, 12 Sep 2014 07:34:04 GMT
 
It is expected that U.S. retail sales for the month of August will have improved in comparison to July's data. The data are to be released 12:30pm GMT on Friday, >>
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