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Sterling rose against Euro to highest level since 2007
Wed, 11 Mar 2015 20:07:06 GMT
 
The Cable continues its bullish tendency versus the Euro, showing the highest gains in eight years. The Pound soared 0.8% to 70.45 pence per Euro, while the single European currency >>
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Chinese economy weakens on low factory data
Wed, 11 Mar 2015 19:56:07 GMT
 
Investment, retails sales growth, as well as factory output missed economists' expectations during the first two months of the current year, underlining the necessity of more economic stimulus. Industrial output >>
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UK manufacturing output plunged by 0.5% mostly on electronics
Wed, 11 Mar 2015 19:45:09 GMT
 
According to the Office for National Statistics, UK manufacturing production unexpectedly dropped by 0.5% in January, after a 0.1% rise in the preceding month. The decrease in output was mostly >>
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Hedge funds are concerned with oil outlook while inventory swells
Mon, 09 Mar 2015 20:18:06 GMT
 
Hedge funds cut their bets on climbing oil prices since December 2012, while inventories in the US grew to the strongest levels in three decades. WTI added 2.5%, or $1.24, >>
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Gross: expensive Greenback may lead to unwanted consequences
Mon, 09 Mar 2015 19:56:07 GMT
 
The bond manager at Janus Capital Group Inc, Bill Gross, is concerned with the strong US Dollar, which could lower the Fed's expectations for inflation. According to Gross, the Federal >>
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Japan stocks drop amid US rate rise outlook
Mon, 09 Mar 2015 19:45:07 GMT
 
Japanese stocks slumped, when the US labour market data boosted speculation of an interest rate raise in the world's biggest economy. Real-estate stocks dropped along with Mitsubishi Estate Co. falling >>
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Cheap oil prices threatens investment in Colombia ethanol
Mon, 09 Mar 2015 19:34:07 GMT
 
The collapse in global crude prices puts at a risk the future investments into Colombia's ethanol industry, as reckoned by the Andean states' biofuels federation. Oil prices slumped as much >>
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Dollar soars on non-farm payrolls
Fri, 06 Mar 2015 14:39:06 GMT
 
Following the release on the US non-farm payrolls, EUR/USD plunged 94 pips in an instant, from 1.0981 down to 1.0887. The number of workers in the world's largest economy grew >>
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European stocks trade near 7-year high amid US jobs report
Fri, 06 Mar 2015 13:30:11 GMT
 
European stocks traded in a tight range near their strongest point since July 2007, while the investors are waiting for the US payrolls data. The Stoxx Europe 600 Index added >>
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US unemployment claims climb to the highest level within nine months
Fri, 06 Mar 2015 11:02:14 GMT
 
The US claims for jobless insurance climbed last week to their nine-month high, reinforcing the view that harsh winter weather could stall the labour market's development. US initial claims rose >>
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Draghi's QE policy heads to scratch line amid positive outlook
Tue, 03 Mar 2015 19:58:03 GMT
 
The Euro zone economic recovery is gaining momentum, reinforcing the view the continuing economic improvement is likely to stir debate about the end of the massive government bond purchasing programme. >>
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UK gas prices declines on Ukraine and Russia deal
Tue, 03 Mar 2015 19:47:06 GMT
 
The UK natural gas prices, Europe's largest trading market, fell for a third day, when Ukraine and Russia reached an agreement on payment conditions of fuel supplies in March. Gas >>
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Ruble rebounds
Tue, 03 Mar 2015 19:36:05 GMT
 
The Ruble closed its second day decline, while Russian bonds and stocks enjoyed stronger demand, since oil price returned up to $60 a barrel, thus enhancing the sentiment. In the >>
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European stocks decline
Tue, 03 Mar 2015 19:25:05 GMT
 
European stocks declined for a second day amid the drop in energy and Barclays Plc shares. The Stoxx Europe 600 Index slid 0.3% to 390.31 as of 1:32 p.m. London >>
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A.T. Kearney sees more mergers and acquisitions in oil industry
Tue, 03 Mar 2015 19:14:05 GMT
 
Gas and oil companies are going to spend around $450 billion in order to buy each other in 2015, since poor valuations caused by oil price collapse encourage acquisitions and >>
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