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US equities open with losses on Tuesday
Tue, 17 May 2016 14:38:06 GMT
 
The major US stock markets opened Tuesday's trading session in red, following yesterday's successful closing. The Standard and Poor's 500 Index lost 0.14%, opening at 2,063.73 points, whereas the Dow Jones >>
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US housing starts increase more-than-expected in April
Tue, 17 May 2016 14:05:07 GMT
 
In the United States, housing starts grew 6.6% to a 1.17 million-unit pace on a seasonally adjusted basis in April, according to the Department of Commerce. In the meantime, March's >>
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April's US CPI posts largest gain since 2013
Tue, 17 May 2016 13:48:08 GMT
 
The US Department of Commerce reported that consumer prices jumped 0.4% month-over-month in April, surpassing the 0.3% forecast and following the 0.1% increase seen in March. That was the biggest >>
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European markets open high as inflation data looms
Tue, 17 May 2016 13:14:51 GMT
 
European stocks opened strong as the positive sentiment spilled over from global bourses. The DAX 30 index gained 0.5% and showed 10 005.89 points, whilst the FTSE 100 rose 0.4% >>
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Swiss PPI jumps over forecasts
Tue, 17 May 2016 09:39:05 GMT
 
The Producer Price Index climbed 0.3% and surprised analysts who had forecast a 0.1% gain. The occurrence is chiefly surprising because the Consumer Price Index failed to escape the red >>
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UK inflation expected to grow far from target
Tue, 17 May 2016 09:28:05 GMT
 
The UK inflation rate release on Tuesday is anticipated to show a steady 0.5% year-on-year advance for April, continuously showing the highest level in 15 months. The forecast is disappointingly >>
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Surprise UK inflation data driven by air fare plunge
Tue, 17 May 2016 09:17:45 GMT
 
The UK CPI fell short of analyst expectations as the data release showed a 0.1% monthly decrease in the measure for April, missing the predicted 0.3%, with air fares, clothing >>
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Asian markets end higher on Tuesday
Tue, 17 May 2016 08:16:09 GMT
 
Increase in oil prices lifted trading mood not only in US, but also in Asia, as energy and resource stocks became top performers. Japanese Nikkei 225 index surged 1.1% to >>
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Oil continues to rally on Tuesday
Tue, 17 May 2016 08:05:26 GMT
 
Crude futures hovered around their November 2015 top levels because of global supply disruptions. Prices continued to rise on Tuesday after surging more than 3% on Monday and the commodity >>
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Australian dollar appreciates against US Dollar on RBA minutes on Tuesday
Tue, 17 May 2016 06:53:11 GMT
 
Reserve Bank of Australia released its detailed record of previous meetings or minutes, which indicated hard deliberation by RBA officials before cutting rates and minimised the probability that rates will >>
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Russia's GDP drops less-than-expected in Q1
Mon, 16 May 2016 15:42:12 GMT
 
The Russian Federation's GDP dropped 1.2% year-over-year in the first three months of 2016, the Federal Service for State Statistics said on Monday, whereas market analysts expected the country's GDP >>
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US stocks open flat on Monday
Mon, 16 May 2016 15:31:15 GMT
 
The largest US stock markets opened Monday's trading session flat, despite the unexpected drop in the New York Empire State Index reported earlier. At the open of the North American trading >>
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WTI and Brent add 2.5% by 13:20 GMT
Mon, 16 May 2016 15:09:05 GMT
 
Crude oil futures traded higher on Monday, triggered by possible production cuts in Venezuela and Nigeria. Thus, both West Texas Intermediate and Brent futures jumped 2.5%, trading at $47.37 and $49.01 per barrel >>
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Empire State index drops to a 3-month low
Mon, 16 May 2016 14:55:22 GMT
 
New York's Federal Reserve published its business conditions index of New York state for May and it plunged to negative 9 points from positive 9.56 points in April. This was >>
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Goldman Sachs states that the oil glut is over
Mon, 16 May 2016 14:44:10 GMT
 
Goldman issued a statement announcing that crude oil market went from nearing storage limits to a deficit situation much earlier than they expected and low oil prices are over. Main >>
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