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Euro reaches eight-month low
Thu, 31 Jul 2014 05:42:14 GMT
 
Euro fell to an eight-month low on Wednesday and was trading at 1.3395 against the Dollar. The fall has come as a bit of a surprise with Spain's promising GDP growth numbers. However, >>
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US GDP higher than estimated
Thu, 31 Jul 2014 05:31:13 GMT
 
The gross domestic product in the US expanded by 4.0% in the second quarter. Increments in both business investment and consumer spending facilitated the increase which surpassed the 3% median >>
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US ADP Non-Farm employment change
Thu, 31 Jul 2014 05:20:16 GMT
 
The change in employed people during the month of July increased by 218,000, revealing to be less than expected. It had been forecast that the number of employed people would >>
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Sweden's currency falls, economic growth misses projections
Wed, 30 Jul 2014 11:36:12 GMT
 
Sweden's Krona dropped after the report concluded the largest Scandinavian economy grew less than anticipated last quarter. As a result the Krona depreciated 0.5% against the Euro falling to 9.2378. The Krona also dropped >>
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Asian stocks rise
Wed, 30 Jul 2014 10:53:03 GMT
 
Asian stocks went up for a fourth consecutive day as the U.S. and EU strengthened sanctions on Russia and before the Fed updates monetary policy on the markets. The MSCI >>
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US Dollar close to five-month high versus Swiss Franc
Wed, 30 Jul 2014 10:42:09 GMT
 
After the release of Switzerland's KOF report the greenback rose near to its highest value in five months against the Swiss Franc. The data revealed that the KOF index dropped >>
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Ruble rises as sanctions are perceived to be mild
Wed, 30 Jul 2014 09:43:45 GMT
 
Russia's currency strengthened for the first time after decreasing for five successive days, due to traders considering US and EU sanctions milder than expected. However, the EU will announce more >>
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AUD/USD weakens ahead of Fed announcement
Wed, 30 Jul 2014 09:32:15 GMT
 
The Aussie depreciated against its U.S. peer on Wednesday, following investors' anticipation of the Fed's monthly policy statement today and upcoming U.S. figures. AUD/USD reached 0.9374 during the early session, but dropped 0.13% consolidating >>
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French housing market is collapsing
Wed, 30 Jul 2014 09:21:15 GMT
 
François Hollande, the President of France, earlier this year implemented a law that caps rents in expensive neighbourhoods. In order to protect homebuyers, the law also increased the quantity of >>
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Spanish GDP at strongest pace since 2007
Wed, 30 Jul 2014 09:10:33 GMT
 
The Spanish economy expanded in the second quarter at the strongest pace since 2007. According to the first estimate, gross domestic product rose by 0.6% during the period from April >>
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Japan's output falls most since 2011 as consumer expenditure decreases
Wed, 30 Jul 2014 08:59:38 GMT
 
Japanese industrial production slipped the most since the March 2011 earthquake, stressing the impact of the April's sales-tax increase on the country's economy. The industrial output fell 3.3% in June as compared to May. >>
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Bullish bets for Pound Sterling get cut
Wed, 30 Jul 2014 08:48:38 GMT
 
With the Pound losing its spot as the most bullish bet among the top ten currencies it has declined to 1.6944 against the Dollar from a six-year high of 1.7192. >>
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WTI near two-week low
Wed, 30 Jul 2014 08:37:18 GMT
 
WTI was near its weakest price in the last two weeks before released government data, which may signal weakened oil demand in the U.S. The nation's stockpiles have increased for >>
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Wall Street stocks fall
Wed, 30 Jul 2014 08:26:17 GMT
 
Shares declined on Tuesday as negative outlook for companies such as UPS and FedEx caused the US indexes to end the day lower. UPS lost 3.7% and FedEx fell 1.6% due to disappointing >>
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Dollar rises to near eight-week high prior to Fed meeting
Wed, 30 Jul 2014 08:15:12 GMT
 
The Greenback almost reached its peak in nearly two months against major counterparts amid the outlook jobs numbers are going to introduce stronger economic growth, impelling the Fed to further subside stimulus today. >>
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