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U.S. shares surge as Fed slightly scales back
Thu, 19 Dec 2013 12:28:04 GMT
 
Wall Street shares rallied on Wednesday with the benchmark indexes Dow Jones and S&P 500 closing at historic records after the U.S. Federal Reserve announced that it trims its monetary >>
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U.S. Dollar drops against Yen on Fed
Thu, 19 Dec 2013 12:12:06 GMT
 
The U.S. currency weakened on Thursday following an increase against the Japanese currency after the Federal Reserve unveiled its decision to trim its monthly bond-purchases by $10 billion as the >>
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Asia's stocks rise as Fed scales back
Thu, 19 Dec 2013 12:01:05 GMT
 
Asian and Australian stocks increased on Thursday after the U.S. Federal Reserve representatives decided to start scaling back its monetary easing policy, however, the Fed keeps the interest rates at >>
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European stocks advance before Fed decision
Wed, 18 Dec 2013 18:48:03 GMT
 
The European stocks climbed recovering from yesterdays drop, as the investors are waiting for the Federal Reserve bond-buying decision. The Stoxx 600 Index advanced 0.8% , still being behind 3.5% >>
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Eurozone's industrial output drops faster in October
Wed, 18 Dec 2013 18:37:02 GMT
 
Construction output in the 17-nation bloc declined at a faster pace in October from the previous month and recorded the steepest drop since May, a report published by the statistical >>
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German business climate improves in December
Wed, 18 Dec 2013 18:26:02 GMT
 
Business sentiment in the Europe's largest economy advanced to the largest figure in a twenty-month period in the last month of 2013 suggesting that the country's economy gathered growth momentum, >>
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Canadian Dollar drops after BoC Governor comments
Wed, 18 Dec 2013 18:15:03 GMT
 
The loonie dropped for the third day, after the Bank of Canada Governor Stephen Poloz said that  the recent decrease in currency was not enough to aid the exporters. The >>
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Italy's current account surplus grows in October
Wed, 18 Dec 2013 18:04:04 GMT
 
Current account balance in Italy came in surplus in October rising on an annual basis from 4.022 billion euros in October 2012 to 1.444 billion euros this year, a report >>
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U.S. housing starts notably advance in November
Wed, 18 Dec 2013 17:53:04 GMT
 
Housing starts in the world's largest economy climbed substantially in November beating economists' expectations and reaching the highest figure since February 2008, a report released by the Commerce Department showed >>
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Sugar drops as global supply increases
Wed, 18 Dec 2013 17:42:04 GMT
 
Sugar traded in New York and London slipped on Wednesday falling towards the weakest levels in three years after an industry report revealed that harvests in Brazil, India and Thailand >>
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Yen depreciates as Japan reports trade deficit
Wed, 18 Dec 2013 17:31:07 GMT
 
The Japanese Yen dropped thus halting its three day winning streak, after Japan reported unexpectedly big trade deficit of 1.35 trillion Yen in November.  The Japan's currency tumbled against most >>
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Wheat falls on outlook for record world crop
Wed, 18 Dec 2013 17:20:04 GMT
 
Wheat traded in Chicago declined on Wednesday hitting the lowest level in eighteen months amid speculation that inventories of the commodity may expand on projections that crop will reach the >>
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Canadian wholesale trade surges in October
Wed, 18 Dec 2013 17:09:31 GMT
 
The Canadian wholesale trade data advanced 1.4% to $50.5 billion in October, thus exceeding the analysts expectations. The growth in wholesale trade was boosted by the surge in machinery and >>
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Pound surges on drop in unemployment
Wed, 18 Dec 2013 16:06:03 GMT
 
The Pound surged the most in almost two months after the U.K. unemployment dropped to the lowest level in more than four years. The sterling advanced at least 0.2% against >>
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Rio Tinto to lose money on declining iron ore price
Wed, 18 Dec 2013 14:45:03 GMT
 
Rio Tinto Group, a multinational mining company, announced on Wednesday that it is expects the iron ore price to decrease slightly the next year. This year, the iron ore price >>
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