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Aussie steady against the US Dollar after data
Mon, 04 Aug 2014 09:12:20 GMT
 
Following the release concerning the growth in Australian retail sales the Aussie held steady against the greenback. The data released showed that retail sales climbed by 0.6% in June, surpassing >>
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China central bank plans no further monetary easing
Mon, 04 Aug 2014 09:01:48 GMT
 
The PboC stated that the country's credit and money supply have grown quickly and notified it will abstain from further monetary easing to back up the economy. The IMF said last week China's >>
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China's non-manufacturing PMI falls to 6-month low
Mon, 04 Aug 2014 08:50:12 GMT
 
The Chinese PMI for the non-manufacturing sector was 54.2 in July falling from 55 the month prior. However, the general sentiment towards the economy is still positive as the number indicates further expansion >>
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U.K. currency falls as economic data disappoints
Mon, 04 Aug 2014 08:39:13 GMT
 
The Sterling depreciated for the fourth week in a row versus the Greenback as U.K. economic figures from the manufacturing production to the consumer confidence were lower than anticipated. The Pound slipped >>
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Shared currency near eight-month low as short bets climb
Mon, 04 Aug 2014 07:04:11 GMT
 
The Euro was 0.4% from its weakest level against the Greenback since November after the investors held the biggest position anticipating the fall in the currency ahead of the ECB meeting this week. >>
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Refinery fire causes further WTI fall
Mon, 04 Aug 2014 06:53:13 GMT
 
As a refinery fire decreased demand the West Texas Intermediate fell to its lowest point in six months. The Coffeyville refinery could be shut down for as long as four weeks with >>
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U.S. consumer spending jumps, inflation drops
Fri, 01 Aug 2014 14:04:10 GMT
 
The Commerce Department reported today that U.S. consumer expenditure grew for the fifth month in a row in June having jumped 0.4%. Spending is being supported by the firm growth in income, which increased >>
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US non-farm employment change
Fri, 01 Aug 2014 13:31:08 GMT
 
During the month of July 209,000 jobs were added in the US. Compared to the previous month and the current month's forecast, 298,000 and 230,000 respectively, the number was disappointing. >>
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Euro Zone PMI slightly decreases
Fri, 01 Aug 2014 12:54:04 GMT
 
According to the reports by Markit published today, the Euro Zone's PMI decreased unexpectedly in July. The manufacturing PMI dropped slightly to 51.8 falling down from 51.9 in the previous month. The >>
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Australian Dollar drops against its US counterpart
Fri, 01 Aug 2014 12:43:13 GMT
 
The Aussie declined to its lowest price in two months against the US Dollar after the Australian PPI dropped 0.1% during the month of June. Depending on the release concerning >>
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Cable touches 6-week low on U.K. PMI miss
Fri, 01 Aug 2014 12:32:14 GMT
 
The Sterling reached the lowest level in six weeks versus the U.S. Dollar following the issue of the disappointing U.K. PMI figures as investors remained prudent ahead of expected U.S. jobs report. GBP/USD reached >>
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Won drops most in 6 months on Dollar demand
Fri, 01 Aug 2014 12:21:14 GMT
 
South Korea's Won touched a 6-month low amid the growing demand for the U.S. Dollar as the figures showed positive signs of the economic recovery of the United States. The Won depreciated 0.9% >>
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Pound Sterling forecasted lower against the US Dollar
Fri, 01 Aug 2014 12:10:16 GMT
 
The Pound is feeling continued pressure with the Dollar reaching higher levels. As the GBP/USD pair broke through both the 1.7 and 1.69 levels the soon due UK manufacturing PMI needs to show >>
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European stocks drop after disappointing Spanish PMI release
Fri, 01 Aug 2014 11:59:12 GMT
 
Spanish Manufacturing PMI dropped to 53.9 from 54.6 in the previous month. Analysts had forecast an increase to 54.7. During the morning, Euro Stoxx 50 decreased 0.72%, CAC 40 lost >>
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Gold futures rise slowly held up by data
Fri, 01 Aug 2014 08:42:10 GMT
 
This Friday gold futures climbed gently. However, as US data revealed a day before supported the greenback, the contract remained close to its lowest value in six weeks. On the >>
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