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Japan moves towards inflation goal
Fri, 25 Jul 2014 07:36:10 GMT
 
Japan's inflation in June slowed as Haruhiko Kuroda's actions move it towards the bank's target. CPI, excluding fresh food, went up 3.3% after a 3.4% gain. Kuroda said inflation will >>
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US unemployment claims drop to eight-month low
Fri, 25 Jul 2014 06:04:13 GMT
 
The Department of Labor in the US released information concerning jobless claims which indicated that only 284K unemployment benefits applications were filled. This represents a decrease of 19K unemployment claims >>
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Thomas Jordan of SNB believes Franc cap is crucial
Fri, 25 Jul 2014 05:53:09 GMT
 
The Swiss National Bank will keep the 1.20 per euro cap since they want to keep prices stable in the foreseeable future. SNB Chairman Thomas Jordan argued in an interview that the cap >>
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Pound hits one-month low after retail sales
Fri, 25 Jul 2014 05:42:11 GMT
 
As a result of a disappointing 0.1% rise in retail sales in the UK, the Cable dropped to the lowest value in one month, corresponding to a decrease of 0.18% >>
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South Korea reports $11 billion worth growth measures
Fri, 25 Jul 2014 05:31:10 GMT
 
South Korea revealed its plans to inject 11.7 trillion won to strengthen the economy after growth slowed down to the weakest pace since the beginning of 2013. The country is ready to deploy >>
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IMF predicts lower growth in the US
Fri, 25 Jul 2014 05:20:17 GMT
 
According to the International Monetary Fund, the US economy is expected to grow 1.7% this year, representing a cut from last month's forecast of 2% growth. The decline in growth >>
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UK Retail Sales rise less than expected in June
Thu, 24 Jul 2014 11:53:10 GMT
 
During the month of June retail sales rose by 0.1% in the United Kingdom. However, this increase was unsatisfactory compared to its forecast. After the release, the Sterling extended losses >>
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Euro zone's Manufacturing PMI rises
Thu, 24 Jul 2014 11:42:09 GMT
 
In the Euro zone, manufacturing activity inched up from the previous month. Manufacturing PMI in July expanded to 51.9, indicating a timid increment compared to 51.8 in June. Still, analysts >>
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European stocks drop driven by PMIs
Thu, 24 Jul 2014 11:31:10 GMT
 
After the release of flash Manufacturing and Services PMI for both France and Germany, European stock markets fell. This drop occurred before the PMI regarding the Euro zone was released. >>
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German Manufacturing PMI rises in July
Thu, 24 Jul 2014 11:20:10 GMT
 
Data from Markit business survey revealed that Manufacturing PMI rose from 52.0 to 52.9, while Services PMI hit its highest value in thirty seven months, increasing from 54.6 to 56.6. >>
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French manufacturing PMI drops to seven-month low
Thu, 24 Jul 2014 11:09:10 GMT
 
In France, manufacturing sector contracted to the lowest level in seven months. Manufacturing PMI dropped from 48.2 in June to 47.6 in July. It had been forecast to be at >>
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Asian stocks at six-year high
Thu, 24 Jul 2014 10:58:10 GMT
 
Asian stocks were traded close to a six-year high as the Chinese manufacturing gauge reached its strongest level in 18 months. The MSCI Asia Pacific was little changed at 148.49, >>
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Aussie rises due to positive Chinese PMI data
Thu, 24 Jul 2014 10:47:10 GMT
 
The Australian Dollar advanced as its main trading partner China had positive results in the preliminary PMI and showed a possible turnaround for the economy. The AUD/USD pair gained 0.13% >>
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Gold under $1,300
Thu, 24 Jul 2014 10:36:11 GMT
 
Gold reached its lowest level in the last week as an increase in equities faltered demand for alternative investments. Immediate delivery dropped 0.7% to $1,294.98 an ounce, the lowest level since July 16. >>
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Canadian Dollar at weekly high
Thu, 24 Jul 2014 10:07:09 GMT
 
The Canadian Dollar reached its highest level during the last week after the released economic data. Retail sales added 0.7% to C$42 billion from a record rise in automobile purchases. >>
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