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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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Gold near two-month low
Thu, 31 Jul 2014 09:09:13 GMT
 
Gold fell for a second day leading to a monthly drop as the U.S. economy expands further, thus increasing the possibility of an interest rate hike. Immediate delivery price declined >>
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GBP/USD slips on firm U.S. growth report
Thu, 31 Jul 2014 08:58:13 GMT
 
The Sterling depreciated against the Greenback following the data the U.S. economy overshoot the expectations in the second quarter, fueling rumours the Fed will increase interest rates earlier than projected. The Cable was >>
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US Dollar sees a powerful rise after GDP data
Thu, 31 Jul 2014 08:47:14 GMT
 
The Dollar is looking to the largest monthly gain against the Euro since last year's February with the US economic data showing extremely positive results. The Greenback has advanced against 15 of the >>
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U.S. GDP exceeds expectations
Thu, 31 Jul 2014 08:36:13 GMT
 
The economic growth in the second quarter was led by an increase in consumption and investment, which indicated that the slump in the first quarter was an anomaly. GDP went >>
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China growth target too aspiring, IMF says
Thu, 31 Jul 2014 08:25:12 GMT
 
China has to adjust the economic growth target of 6.5-7% for the next year and plans to abstain from stimulus measures unless the economy faces the prospect of further sharp decline from that >>
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US Dollar climbed versus the Canadian Dollar
Thu, 31 Jul 2014 06:04:14 GMT
 
The greenback increased to its highest value in one-and-a-half months against the Canadian Dollar due to solid US gross domestic product growth and employment change. The pair hit 1.0894, the >>
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German CPI lower with ECB stimulus impact not apparent
Thu, 31 Jul 2014 05:53:14 GMT
 
German inflation fell reinforcing the signs that ECB's stimulus will not affect the region right away. The CPI declined by 0.2% to 0.8% in July compared to June's data. As the ECB has >>
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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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