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Asian stocks set for ten-week gain
Fri, 25 Jul 2014 08:53:08 GMT
 
Asian stocks went up with the regional benchmark index advancing for the 10th time in eleven weeks as earning from companies boosted investor confidence. The MSCI Asia Pacific Index rose >>
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Lithuania will become part of Euro zone starting 2015
Fri, 25 Jul 2014 08:42:10 GMT
 
European leaders made known on Wednesday that on 1st of January Lithuania will become the 19th country to start using Euro. It is the last of the Baltic states to do so after >>
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Dollar remains stable against the Yen
Fri, 25 Jul 2014 08:31:14 GMT
 
The Greenback is getting close to its highest value in two and a half weeks. This was caused by slower inflation in Japan and increased demand for the US Dollar, >>
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Gold on second weekly loss
Fri, 25 Jul 2014 08:16:17 GMT
 
Gold is moving towards its second weekly loss as the increasing economic growth curbs demand for the haven investment metal. December futures were traded at at $1,293.30 per ounce on >>
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Wall Street holds steady after earnings
Fri, 25 Jul 2014 08:05:10 GMT
 
US stocks remained flat as earnings showed both positive and negative signs for the economy. The company stocks experienced sharp moves in either direction due to earnings such as Facebook >>
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Britain's Pound near one-month low against the Dollar
Fri, 25 Jul 2014 07:54:25 GMT
 
The Sterling is holding steady against the US Dollar after seven consecutive sessions of downfall. As traders wait for the GDP data to be released, in regard to UK's second >>
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UK's economy may recover to pre-crisis level
Fri, 25 Jul 2014 07:53:43 GMT
 
UK's economy is on the verge of growing larger than recorded before 2008. GDP was forecast at the same speed as in the first quarter, this way revealing a 0.8% >>
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Dollar heads for weekly gain
Fri, 25 Jul 2014 07:50:25 GMT
 
The Dollar headed for its second weekly gain against the Euro as U.S. economists said that durable goods recovered in June, explaining that the economy is expanding. The Bloomberg Dollar >>
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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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