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Kiwi exposed to intervention
Wed, 30 Jul 2014 07:53:49 GMT
 
New Zealand's overvalued currency may experience further declines after the RBNZ warned the Kiwi's level is "unjustified". The Reserve Bank of New Zealand lifted the official cash rate by 0.25% to 3.5% in July, >>
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US Consumer confidence rises in July
Tue, 29 Jul 2014 15:14:09 GMT
 
During July consumer confidence climbed to 90.9 surpassing expectations from analysts, who had forecast a rise to 85.5 from 85.2 in the previous month. The data released by the Conference >>
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S&P/CS index below expectations
Tue, 29 Jul 2014 14:52:09 GMT
 
The S&P/Case-Shiller Composite-20, which measures the change in the selling price of homes in twenty metropolitan areas, climbed at its weakest pace in thirteen months. It had been forecast to >>
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Ruble depreciates
Tue, 29 Jul 2014 14:41:08 GMT
 
The Ruble depreciated for a fourth consecutive day as Russia did not conduct its second debt auction and EU discusses further sanctions on the country. The nation's currency declined 0.3% >>
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West imposes further sanctions on Russia
Tue, 29 Jul 2014 12:46:09 GMT
 
US and European leaders in a move to put more pressure on Russia have extended their sanctions to its financial, defence and energy sectors. The plane crash in eastern Ukraine has largely led >>
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UK shares rebound after two-day drop
Tue, 29 Jul 2014 12:35:13 GMT
 
UK stocks rose after a two-day decline with GKN Plc and Next Plc leading the way as their earning reports were better than expected. GKN leaped 6.9% due to a >>
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Gold at one-week high
Tue, 29 Jul 2014 10:58:11 GMT
 
Gold rose over the $1,300 an ounce mark before the Fed's two-day meeting amid tensions in Ukraine and Gaza. Immediate delivery rose 0.3% to 1,308.06 an ounce and reached $1,312.27, >>
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Korea Won appreciates on exporter demand
Tue, 29 Jul 2014 10:25:16 GMT
 
South Korea's Won grew as exporters converted their overseas gains and the BoK reported current year's second-largest account-surplus. The Won appreciated 0.2% to 1,024.50 per dollar. Overseas sales and shipments from abroad are expected >>
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U.S. second-quarter GDP increases
Tue, 29 Jul 2014 10:14:14 GMT
 
U.S. economic growth gained in momentum in the second quarter of the year after the fall in the beginning of the year and is expected to rise through the rest of the fiscal >>
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Japan's retail sales down
Tue, 29 Jul 2014 10:03:08 GMT
 
Retail sales in Japan fell more than expected in June, pressuring Shinzo Abe to create a heavier taxation on consumers in order to reflate the economy. Sales declined 0.6% from the previous year, >>
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WTI falls before stockpile data
Tue, 29 Jul 2014 09:52:09 GMT
 
The Texas light sweet declined for the second day in a row as supply data looms near. With the data possibly signalling changes in the US fuel demand the September WTI futures fell >>
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Japan labour demand increases, good sign for economic upturn
Tue, 29 Jul 2014 09:41:14 GMT
 
The job availability in Japan reached its peak in 22 years last month following the growth in companies' confidence about hiring. The job-to-applicants ratio jumped to 1.10 in June from 1.09 in May. >>
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Argentine bonds drop
Tue, 29 Jul 2014 09:30:12 GMT
 
Argentine bonds went down for a monthly low as the country rejects talks with its creditors, which may cause Argentina to default on its payments again since 2001. 10-year bonds >>
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UBS profit picks up as costs decline
Tue, 29 Jul 2014 09:19:08 GMT
 
UBS AG, the largest bank in Switzerland, announced a 15% increase in profit for the second quarter of this year, beating analysts' expectations. Net revenue picked up to 792 million >>
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Dollar hits 2-week low against Euro before Fed
Tue, 29 Jul 2014 09:08:12 GMT
 
The Greenback reached the weakest level in two weeks against the Euro reflecting the failure of the U.S. economy to rebound in the second quarter to the extent the investors projected. The Dollar >>
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