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French housing market is collapsing
Wed, 30 Jul 2014 09:21:15 GMT
 
François Hollande, the President of France, earlier this year implemented a law that caps rents in expensive neighbourhoods. In order to protect homebuyers, the law also increased the quantity of >>
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Spanish GDP at strongest pace since 2007
Wed, 30 Jul 2014 09:10:33 GMT
 
The Spanish economy expanded in the second quarter at the strongest pace since 2007. According to the first estimate, gross domestic product rose by 0.6% during the period from April >>
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Japan's output falls most since 2011 as consumer expenditure decreases
Wed, 30 Jul 2014 08:59:38 GMT
 
Japanese industrial production slipped the most since the March 2011 earthquake, stressing the impact of the April's sales-tax increase on the country's economy. The industrial output fell 3.3% in June as compared to May. >>
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Bullish bets for Pound Sterling get cut
Wed, 30 Jul 2014 08:48:38 GMT
 
With the Pound losing its spot as the most bullish bet among the top ten currencies it has declined to 1.6944 against the Dollar from a six-year high of 1.7192. >>
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WTI near two-week low
Wed, 30 Jul 2014 08:37:18 GMT
 
WTI was near its weakest price in the last two weeks before released government data, which may signal weakened oil demand in the U.S. The nation's stockpiles have increased for >>
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Wall Street stocks fall
Wed, 30 Jul 2014 08:26:17 GMT
 
Shares declined on Tuesday as negative outlook for companies such as UPS and FedEx caused the US indexes to end the day lower. UPS lost 3.7% and FedEx fell 1.6% due to disappointing >>
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Dollar rises to near eight-week high prior to Fed meeting
Wed, 30 Jul 2014 08:15:12 GMT
 
The Greenback almost reached its peak in nearly two months against major counterparts amid the outlook jobs numbers are going to introduce stronger economic growth, impelling the Fed to further subside stimulus today. >>
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EU's sanctions on Russia
Wed, 30 Jul 2014 08:04:16 GMT
 
The EU and U.S. made additional sanctions on Russia's economy by targeting energy, banking and defense industries in order to get Putin to back off on Ukraine. EU governments agreed on restricting export >>
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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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