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ECB ready to start its asset purchase programme
Fri, 03 Oct 2014 08:53:09 GMT
 
After deciding to keep its benchmark interest rate at the level of 0.05%, the ECB revealed more details concerning its asset-backed securities purchase programme. ECB President Mario Draghi stated that >>
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Improving U.S. economy continues to dampen gold's prospects
Fri, 03 Oct 2014 08:31:03 GMT
 
Gold extended its weekly decline as investors continued to eye the possibilities concerning the increase of the U.S. interest rates which would lessen gold's appeal as a safe haven investment. >>
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Greenback gains on job growth
Fri, 03 Oct 2014 08:09:05 GMT
 
The U.S. Dollar managed to post gains versus the Yen for the first time in three days as economists expect that employers will have created the biggest amount of new >>
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China's services sector stalls on new order decrease
Fri, 03 Oct 2014 07:40:30 GMT
 
The service sector in China posted its slowest growth in eight months time on the account of new orders, which had their first decrease since 2008. The non-manufacturing PMI slid >>
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Oil at two-year low after Saudi price cut
Fri, 03 Oct 2014 07:29:28 GMT
 
Saudi Arabia decided to decrease its official selling price of oil, causing global oil prices to fall to their lowest  in over two years time. Other contributing factors to the price dip are increased >>
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European stocks edge up despite investors' disappointment
Fri, 03 Oct 2014 07:18:20 GMT
 
European shares are expected to open a touch higher on Friday, even though many investors were left rather unsatisfied after ECB President Mario Draghi's speech. Many expected a more explicit >>
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Japan's industrial production surprises with a decrease
Tue, 30 Sep 2014 09:48:05 GMT
 
The output of Japan's economy fell; however, this was set off by better retail sales and an upturn in the job market. Industrial production for the month of August decreased >>
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Dollar takes a pause yet nears a four-year peak
Tue, 30 Sep 2014 09:04:15 GMT
 
Despite the small slide on Tuesday, the Dollar is still set for its best year since 2010 and the biggest increase in more than a year. In addition, the Dollar >>
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Protests in Hong Kong hold off Asian stocks
Tue, 30 Sep 2014 08:42:05 GMT
 
Pro-democracy protests in Hong Kong have had a severe impact on many Asian stocks and indices, with a drop nearing a 16-month low. The MSCI Asia Pacific Index lost 0.5% >>
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Gold's outlook still dampened by the Dollar
Tue, 30 Sep 2014 08:20:06 GMT
 
Gold managed to receive some reprieve after hitting a nine-month low on the account of the conflicts in Hong Kong; however, the yellow metal is still set for its steepest >>
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Kiwi's sudden drop caused by RBNZ
Tue, 30 Sep 2014 07:43:05 GMT
 
The New Zealand Dollar fell almost 2% on Monday to $0.77, its lowest in 14 months, after the news that the RBNZ has sold more than 500 million NZD since >>
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Brent slides lower to $97 on weak demand
Tue, 30 Sep 2014 07:32:05 GMT
 
Brent for November delivery dipped 9 cents lower to $97.11 per barrel, ceasing its gains of 20 cents which it managed to add yesterday, September 29. U.S. crude for the month of >>
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Copper manages to gain on U.S. GDP data
Fri, 26 Sep 2014 09:14:03 GMT
 
The strong American Dollar had dampened the attractiveness of commodities as investments; however, copper was able to increase from its almost four-month lows before the release of U.S. GDP data. >>
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Euro probes new lows on divergence talks
Fri, 26 Sep 2014 08:30:09 GMT
 
The Euro continues to abate as the Dollar to rises to new highs. The euro touched an almost two-year low on Thursday on the possibility of the Federal Reserve pursuing >>
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The Greenback continues its stride forward
Fri, 26 Sep 2014 08:19:14 GMT
 
The American Dollar is still on its path towards growth, fuelled by the Fed planning to end the QE in October and raising the interest rated mid-2015, paired with sluggish >>
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