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Gold trades near 5-month high amid Fed interest rates
Wed, 28 Jan 2015 22:02:05 GMT
 
Gold traded almost the same near the highest level in five months, since investors are weighting the outlook for US interest rates before the Fed's two-day meeting. The yellow metal >>
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Finance Minister of Germany states Greece should forget about reduction of debt
Wed, 28 Jan 2015 21:51:03 GMT
 
Wolfgang Schaeuble, Prime Minister of Germany, stated that Greece can forget about the reduction of their debt, since there is no tension on public finance for the following five years. >>
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Greek bonds and stocks decline
Wed, 28 Jan 2015 21:40:03 GMT
 
Bonds and stocks in Greece dropped for a second day, since the nation's new leader had a clash with finance ministers of Euro zone over the funding needs. Greek shares >>
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Goldman states oil prices may touch $30 in an extended slide
Tue, 27 Jan 2015 22:49:05 GMT
 
President of Goldman group, Gary Cohn, believes that oil prices will continue to decrease and reach $30 a barrel. West Texas Intermediate futures for March settlement declined 44 cents to >>
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Gold futures rise when US durable-goods orders drop
Tue, 27 Jan 2015 22:38:05 GMT
 
Yellow metal futures climbed while US durable goods slumped as a result of flagging growth in foreign economies that weighs on the US recovery, thus boosting attractiveness of high-quality assets. >>
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Saudi Arabia will not balance oil market on its own
Tue, 27 Jan 2015 22:27:06 GMT
 
The head of Saudi Arabian Oil Co. stated that Saudi Arabia will not balance global oil markets single-handedly, since prices decline "too low for everybody". This also threatens the investment >>
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Dollar depreciates after durable goods drop
Tue, 27 Jan 2015 22:16:07 GMT
 
The Dollar depreciated from its strongest point on record, when US durable goods orders dropped 3.4% in December. The greenback weakened versus most of its major peers, and the Bloomberg >>
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UK economy showed the best results in a seven-year period
Tue, 27 Jan 2015 22:05:05 GMT
 
Economic growth in the UK decelerated more than economists estimated, with the lowest quarterly pace of 0.5% on a yearly basis. However, even with this figure the UK economy recorded >>
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Record fall in China's industrial profit
Tue, 27 Jan 2015 21:54:07 GMT
 
Chinese industrial companies' profits dropped 8% in December compared to the previous year, showing the biggest decline in three years and emphasizing slowing economy and harsh drop in commodity prices. >>
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US home prices go up in November
Tue, 27 Jan 2015 21:43:04 GMT
 
US house prices increased at a slower pace even with affordable low mortgage interest rates. The S&P/Case-Shiller home price index added 4.3% since November 2013. Moreover, property prices weakened last >>
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US stocks fall on disappointing results from Caterpillar to Microsoft
Tue, 27 Jan 2015 16:25:04 GMT
 
US stocks declined on a slide in durable goods orders and unpromising earnings results, exacerbating concerns regarding the economic growth. Caterpillar fell 7.2% together with Microsoft that lost 8.8%, while the >>
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Sight deposits climb at the SNB on interventions
Mon, 26 Jan 2015 19:55:04 GMT
 
Sight deposits at the SNB climbed almost 8% previous week, indicating that the central bank keeps purchasing foreign currency following cancellation of its three-year-old cap on the Franc. SNB's data >>
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Brazilian Real drops for second day amid dimmed GDP outlook
Mon, 26 Jan 2015 19:44:03 GMT
 
Brazilian Real dropped for a second day, while a dimmed GDP growth outlook made the assets of South American nation less attractive for international investors. Brazil's Real weakened 0.7% to >>
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Japan exports boost hopes for economic recovery
Mon, 26 Jan 2015 19:18:04 GMT
 
Japan's exports soared 12.9% in December, the most on the yearly basis, due to the weak Yen and strong US Dollar, as well as strong Chinese demand. A stable increase >>
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Euro advances after Greek election, commodities fall
Mon, 26 Jan 2015 19:07:05 GMT
 
The Euro appreciated from its weakest level in 11 years amid speculation the negative consequences from Syriza party election in Greece will be contained. The common currency advanced 0.2% to >>
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