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Oil and gold trade lower on NYSE
Wed, 18 May 2016 13:52:07 GMT
 
Ahead of the EIA's weekly crude oil report, oil futures traded lower on Wednesday. WTI lost around 0.04%, trading at $48.23, whereas Brent dropped 0.43%, trading at $49.03 by 13:10 >>
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No change in UK unemployment rate
Wed, 18 May 2016 12:04:04 GMT
 
While the number of working people rose at a record pace, adding 44 000 to previous quarter's level, the jobless rate showed no change at 5.1%, indicating no contractionary labour >>
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US markets set to open unchanged on Wednesday
Wed, 18 May 2016 11:42:03 GMT
 
Markets on Wall Street were expected to pause on Wednesday after a big sell-off on Tuesday, as investors waited for the Open Market Committee's minutes, which would indicate market direction >>
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European Union consumer prices remain unchanged in April
Wed, 18 May 2016 11:00:03 GMT
 
Eurostat released latest European Union consume price indices, which in all aspects turned out exactly as predicted by analysts, confirming stagnation in the EU. CPI remained unchanged on a monthly >>
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Japanese economy advances to surprise investors
Wed, 18 May 2016 10:06:13 GMT
 
The Japanese economy grew by 0.5% during the first quarter of 2016, surprising analysts who forecast a 0.1% expansion. Household consumption gained 0.5% and government demand advanced 0.6%, contributing respectively >>
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Sterling continues losing streak after UK labour data on Wednesday
Wed, 18 May 2016 09:55:08 GMT
 
Latest United Kingdom's labour data published on Wednesday did not change GBP/USD currency pair's downfall. Jobless rate in UK stayed 5.1% in March and jobless claims number improved from 14,700 >>
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Greenback appreciates against Yen despite good Japanese GDP data
Wed, 18 May 2016 09:44:09 GMT
 
Japanese annualized GDP growth of 1.7% did not affect the trade between the US and Japanese currencies, as the Greenback continues to rise against the Yen, as US consumer prices >>
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Gold dips as FOMC minutes loom
Wed, 18 May 2016 09:22:04 GMT
 
The bullion weakened ahead of the FOMC meeting minutes release, failing to gain a foothold above the $1,280 mark, as it hovered around the $1,273 level. Gold traded highest during >>
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USD/JPY on the edge of breaking the pattern
Wed, 18 May 2016 09:11:01 GMT
 
The second day of the given week was also not positive for the American Dollar, as it suffered rather sharp losses against some major peers, while gains against the others >>
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New Zealand fails to evade deflationary territory
Wed, 18 May 2016 09:06:05 GMT
 
The cost of production inputs along with wholesale prices took a further hit in New Zealand, as Q1 data showed a 1.0% plunge in the Producer Price Index for inputs, which is slightly >>
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Wage growth in Australia – slowest in over 20 years
Wed, 18 May 2016 08:55:12 GMT
 
Australian wage growth became significantly slower in Q1, showing the lowest levels in more than 20 years. The annual growth in the Australian Wage Price Index showed 2.1%, down from >>
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GBP/USD on the edge of falling back under 1.44
Wed, 18 May 2016 08:44:09 GMT
 
'Bremain' votes kept providing support for the British currency on Tuesday, causing it to post gains across the board, even despite poor inflation figures. >>
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European stocks open lower on Wednesday
Wed, 18 May 2016 08:41:12 GMT
 
Stock exchanges in Europe trailed Asian stocks by opening also lower on Wednesday, as at the session opening UK's FTSE 100 dropped 0.5% to 6,140.13 points and German DAX 30 >>
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Morning Press Review
Wed, 18 May 2016 08:30:11 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Gold retreats before FOMC minutes
Wed, 18 May 2016 08:19:07 GMT
 
Three consecutive days of gains resulted in the testing of the weekly R1 back on Monday, but yesterday gold has been relatively quiet in its movements. >>
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