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Fed optimistic on US economic outlook, hints at rate hike in mid-year
Thu, 29 Jan 2015 07:11:04 GMT
 
While the Fed pointed out that the US economy was growing at a sustainable pace with solid job gains and lower unemployment rate, the central bank said that it would >>
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AUD/JPY 4H Chart: Falling Wedge
Thu, 29 Jan 2015 07:00:39 GMT
 
The Australian Dollar has been depreciating since last year's November, but there are signs the currency will no longer underperform the Japanese Yen. AUD/JPY is currently forming a falling wedge, >>
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EUR/USD 4H Chart: Channel Down
Thu, 29 Jan 2015 07:00:04 GMT
 
EUR/USD is poised to decline in the coming days. Although the technical indicators are mixed, there are two falling resistance trend-lines that are highly unlikely to let the bulls to >>
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German consumer climate unexpectedly rises
Thu, 29 Jan 2015 06:54:05 GMT
 
German consumer climate reached a new high of 9.3 points, a level unseen for 13 years. >>
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Singapore Dollar falls as the central bank shocks the market
Wed, 28 Jan 2015 23:19:06 GMT
 
Singapore's currency dropped when the CB of the Asian nation surprisingly eased the monetary policy, highlighting the variety in central bank policies around the world. Singapore's Dollar plummeted 0.9% to >>
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China cuts growth target to 7% for 2015
Wed, 28 Jan 2015 23:08:07 GMT
 
China is going to lower the growth target to 7% for the current year. Policy-makers are trying to stimulate weak growth, create more working places, and introduce the needed reforms. >>
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European and Greek equity edges lower
Wed, 28 Jan 2015 22:57:04 GMT
 
European stocks showed negative tendency on Wednesday morning, and Greek shares prolonged their sell-off following the victory of Syriza party on Sunday. Stocks of Piraeus Port Authority, the biggest port >>
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US consumer confidence surges to the highest level
Wed, 28 Jan 2015 22:46:06 GMT
 
Strongly depressed crude oil prices and the labour market that added around three million jobs in the previous year, pushing the level of unemployment to a six-year minimum, are increasing >>
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German's economic outlook strengthened due to oil prices
Wed, 28 Jan 2015 22:35:05 GMT
 
German's Chancellor Angela Merkel announced positive economic outlook due to strong drop in oil prices and the ECB-led quantitative easing measures. Therefore, Germany's economy probably will advance 1.5% compared to >>
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US consumers benefited from cheap oil
Wed, 28 Jan 2015 22:24:08 GMT
 
The unexpected fall in fuel costs is an advantage to households, while the impact on companies is not as obvious. Consumer confidence index advanced to its seven-years high in January >>
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Australian core inflation is surprisingly high
Wed, 28 Jan 2015 22:13:03 GMT
 
The cost of living in Australia increased more than expected, decreasing the need for the Cental bank to cut interest rates. According to the Statistics Bureau the core price level >>
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Gold trades near 5-month high amid Fed interest rates
Wed, 28 Jan 2015 22:02:05 GMT
 
Gold traded almost the same near the highest level in five months, since investors are weighting the outlook for US interest rates before the Fed's two-day meeting. The yellow metal >>
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Finance Minister of Germany states Greece should forget about reduction of debt
Wed, 28 Jan 2015 21:51:03 GMT
 
Wolfgang Schaeuble, Prime Minister of Germany, stated that Greece can forget about the reduction of their debt, since there is no tension on public finance for the following five years. >>
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Greek bonds and stocks decline
Wed, 28 Jan 2015 21:40:03 GMT
 
Bonds and stocks in Greece dropped for a second day, since the nation's new leader had a clash with finance ministers of Euro zone over the funding needs. Greek shares >>
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AUD/USD highly volatile
Wed, 28 Jan 2015 20:35:03 GMT
 
The AUD/USD pair swung about 125 pips today, yet, the bulls were stronger and brought the cross to trade higher. >>
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