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Brazil's Real falls due to Argentina default
Fri, 01 Aug 2014 08:09:23 GMT
 
Brasil's Real experienced the largest decline among global currencies with Argentina missing a bond payment. The Real saw the largest drop amidst the 16 major currencies as it fell 0.8% against the Greenback to >>
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China's manufacturing expands
Fri, 01 Aug 2014 07:47:17 GMT
 
China's manufacturing gauge increased in July at the fastest pace in nearly two years, showing that economic growth is getting stronger. PMI was at 51.7, exceeding expectations of 51.4, while >>
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US shares tumble as July's gains are erased
Fri, 01 Aug 2014 07:28:31 GMT
 
US stocks plummeted with many factors influencing the move such as poor corporate earnings reports, tensions in Ukraine and worries about a market top. The Dow Jones industrial average dropped 1.9% and the >>
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President of Argentina dismisses S&P default decree
Fri, 01 Aug 2014 07:17:12 GMT
 
Argentina's President Cristina Fernandez de Kirchner opposed the Standard & Poor's default announcement for Argentina, which could be its second one in 13 years. As the bond prices of Argentina plummeted Fernandez said that >>
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Dollar's best month
Thu, 31 Jul 2014 17:10:03 GMT
 
The Greenback made way towards biggest monthly gain against the Euro since February 2013 after signs of the consolidating U.S. economy induced the traders to boost forecasts for higher Fed interest rates. The Dollar >>
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Euro inflation weakened in July
Thu, 31 Jul 2014 16:59:13 GMT
 
Euro-area inflation suddenly decelerated this in July to the lowest in nearly five years, emphasizing the ECB's concerns the economy is too weak to boost price growth. The inflation was 0.4% this month >>
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Treasuries on July loss
Thu, 31 Jul 2014 16:48:13 GMT
 
U.S. treasuries are approaching a second month's loss as investors bet that the Fed will increase interest rates due to economic growth in the U.S. exceeding expectations. The government securities >>
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UK housing price inflation lower on year
Thu, 31 Jul 2014 16:37:09 GMT
 
According to Nationwide the housing prices in July only increased by 0.1% on the month and were lower on the year falling from 11.8% the previous month to 10.6%. The BoE has already >>
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Less unemployed in Germany
Thu, 31 Jul 2014 16:26:11 GMT
 
Subsequent to two months of increasing, the number of unemployed people in Germany decreased by 12,000. Forecasts pointed to a decrease of 5,000 people. During the previous month the number >>
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WTI falls under $100 as US gasoline stockpiles increase
Thu, 31 Jul 2014 16:15:14 GMT
 
The Texas light sweet declined for a forth day in a row due to rising US fuel supplies. With the supplies increasing by 365,000 barrels to 218.2 million the WTI September futures contract >>
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AUD/USD weakens on gloomy building approvals
Thu, 31 Jul 2014 16:04:11 GMT
 
The Aussie depreciated against the U.S. Dollar today, following the issue of the downbeat construction approvals data from Australia, however the Fed's latest statement restricted the Greenback growth. AUD/USD reached 0.9307 during the morning >>
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Argentina waits for market reaction after default
Thu, 31 Jul 2014 15:53:12 GMT
 
For the second time in twelve years Argentina has defaulted. Argentina had until midnight, as a deadline for coupon payment concerning exchange bonds. Having failed to honour the debt, Argentina >>
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Russian stock bears get scorched by 29% rebound
Thu, 31 Jul 2014 15:42:09 GMT
 
The bearish sentiment for Russian shares reached a record in March yet it quickly turned as the Micex has gained 29% since then. With the sanctions being milder than expected it added another >>
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New Zealand Dollar recovers against its US counterpart
Thu, 31 Jul 2014 09:31:13 GMT
 
The Kiwi climbed against the Greenback, recovering from almost the lowest price in two months, which had been a result of a statement from the RBNZ. But now the Fed's >>
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Japan wages increase less than projected
Thu, 31 Jul 2014 09:20:14 GMT
 
Japan's wage growth decelerated in June, underlining the risk to consumer expenditure as inflation compresses household budgets in the country's economy. Average total monthly earnings grew 0.4% from last year as compared to a >>
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