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Oil falls below $45 amid speculation on stockpiles
Tue, 13 Jan 2015 14:27:05 GMT
 
Oil continued to fall, breaching the $45 per barrel level, due to speculation that US stockpiles will rise, aggravating global supply glut, which drove prices to the lowest point in >>
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Italy output climbs more than expected stimulating recovery optimism
Tue, 13 Jan 2015 14:16:05 GMT
 
Industrial output in Italy added more than expected, thus, stimulating optimisms that Italian economy may start to recover from the record long recession. Production rose 0.3% from the point, when >>
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UK inflation falls to weakest in 15 years
Tue, 13 Jan 2015 12:39:15 GMT
 
UK inflation rate dropped to the weakest level in almost fifteen years previous month. Consumer price growth fell from 1% to 0.5% in November, the weakest since 2007, and a >>
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Copper falls to a five-year low in spite of China trade data
Tue, 13 Jan 2015 12:28:14 GMT
 
Prices for copper declined on Tuesday, falling to the lowest level in the past five years amid the world's largest copper consumer, China, failing to boost sentiment after the trade >>
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Gold hits a 12-week low amid investors seeking quality
Tue, 13 Jan 2015 12:17:05 GMT
 
On Tuesday gold reached a new 12-week high due to investors looking for a safe heaven from losses in the oil market. Futures for February hit a high of $1,244.30 >>
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Dollar hits a three-week low against the Yen
Tue, 13 Jan 2015 12:00:08 GMT
 
On Tuesday the US Dollar dropped to a three-week low versus the Japanese Yen as worries over a decline in the oil prices and its impact on the global economy >>
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Japan to announce record budget to revive economy
Mon, 12 Jan 2015 22:01:18 GMT
 
Japan's government affirmed the 96.34 trillion yen budget for the next 12 months with the aim to revive the shrinking economy following an increase in the sales tax. At the >>
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US shares dropped due to slump in crude prices
Mon, 12 Jan 2015 21:50:04 GMT
 
US stocks tumbled, as the Standard&Poor's 500 Index showed first weekly decline since October. The market sold off crude oil, which in turn pushed down the energy stocks before the >>
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Pound reaches 18-month low on slowing inflation outlook
Mon, 12 Jan 2015 16:54:04 GMT
 
The Pound reached to its lowest in 18 months against the Dollar amid slowing inflation prospect boosted the Bank of England not to raise interest rates from a record low >>
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Brazil's Real fells from highest on growth outlook cut
Mon, 12 Jan 2015 16:32:06 GMT
 
Brazil's Real declined from the highest level in one month, when the survey showed the Central Bank lowered its growth prognoses for Brazil's economy. The currency fell for the first >>
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Euro drops on ECB bond-purchase programme speculation; Dollar gains
Mon, 12 Jan 2015 15:20:10 GMT
 
The Euro retreated versus the Dollar, almost touching a nine-year low, amid speculation the data releases this week may encourage the ECB to start sovereign-bond purchase programme. The common currency fell >>
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Oil drops; Goldman cuts outlook; Venezuela addresses OPEC
Mon, 12 Jan 2015 15:09:04 GMT
 
Oil dropped to the weakest level in almost six years. Meanwhile, Goldman Sachs cut its price forecasts and Venezuela attempted to encourage OPEC member countries to support the price of >>
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US gas prices at a new five-year low amid oil slump
Mon, 12 Jan 2015 12:42:04 GMT
 
In the US prices for gasoline dropped to a new low in five years, with drivers paying $2.2021 per gallon on the average last week. By January 9 prices declined >>
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Copper futures trade near 2009 Oct low
Mon, 12 Jan 2015 12:31:06 GMT
 
On Monday copper traded close to the five-year low, as concerns over weak global demand put pressure on the red metal. Futures for March delivery slid 0.4 cents to $2.751 >>
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GBP weakens against the US Dollar to a nearly 18-month low
Mon, 12 Jan 2015 11:11:04 GMT
 
On Monday the Pound declined versus the US Dollar close to an 18-month low, hitting $1.5099. Demand for the Greenback was quite strong, in spite of pale US average hourly earnings >>
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