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IMF cuts global growth outlook by most in 3 years
Tue, 20 Jan 2015 12:22:06 GMT
The International Monetary Fund cut its global economic growth outlook the most in three years, with reduced anticipation almost everywhere, but the US, which expanded the drop in oil prices. >>
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Oil drops second day as IMF cuts global economy forecast
Tue, 20 Jan 2015 12:11:07 GMT
Oil fell for a second day since the IMF downgraded its global economy growth forecast by the most in three years. Oil futures declined 1.3% in London after the biggest >>
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Europe stocks climb fourth day heading strongest point since 2008
Tue, 20 Jan 2015 12:00:08 GMT
European stocks gained for a fourth day, heading to their strongest level since 2008, on speculations the ECB will start QE program this week. The Stock Europe 600 Index advanced >>
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Copper experiences sharp fall after China GDP data
Tue, 20 Jan 2015 11:49:06 GMT
On Tuesday prices for copper declined after China GDP data was released. China is the largest copper consumer in the world, accounting for approximately 40% of global consumption. During 2014 >>
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Gold gains due to increased demand and despite China's data
Tue, 20 Jan 2015 11:38:05 GMT
In Asia prices for gold slightly gained on Tuesday amid higher demand and ignoring China's data released. China's data beat all expectations, with GDP for the fourth quarter rising 7.3%, >>
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Oil prices fall amid poor China GDP
Tue, 20 Jan 2015 11:27:06 GMT
On Tuesday prices for oil slumped due to China's GDP growing at the slowest rate in 24 years, along with concerns over weaker demand and supply glut. China, the world's >>
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Cameron promises highest employment in G-7 on election loom
Mon, 19 Jan 2015 20:31:05 GMT
David Cameron, UK Prime Minister, promised to deliver the strongest employment rate in the G-7. He believes his Conservative Party has the best chance of rebuilding the economy following the >>
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Banks suffer from SNB decision
Mon, 19 Jan 2015 20:20:03 GMT
The Swiss National Bank's unexpected decision to abandon its minimal exchange rate for the pair CHF/EUR, due to which Franc advanced 41% against the Euro, negatively influenced the world's leading >>
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Hedge funds cut crude bets following worst drop from 2008
Mon, 19 Jan 2015 20:09:04 GMT
Hedge funds increased their net-long position in WTI oil by 12% in the previous week, thus cutting oil bets, the CFTC reported. WTI lost 4.3%, or $2.04, to $45.89 a >>
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Yen climbs on Chinese stocks
Mon, 19 Jan 2015 15:01:12 GMT
The Yen rose versus the Dollar as Chinese stocks' plunge increased demand for safety. The Japanese Yen strengthened almost against all 16 of its major peers and added 0.2% to >>
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Oil drops while Yen advances on Swiss stocks outlook
Mon, 19 Jan 2015 14:50:05 GMT
Oil declined after Iraq announced that it was producing a record number of crude, and Swiss stocks recovered from the weakest level in a year together with the strengthening Chinese >>
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European stocks almost unchanged on ECB stimulus expectations
Mon, 19 Jan 2015 14:39:04 GMT
European stocks stayed almost the same, paring early gains, on investor expectations of ECB's announcement about QE this week. The Stoxx Europe 600 Index gained 0.1% to 352.52 as of >>
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Pound advances against the Dollar with limited gains
Mon, 19 Jan 2015 14:17:05 GMT
On Monday the UK Pound gained versus the US Dollar, but with limited gains due to investors who are locking-in profits. GBP/USD hit a high of 1.5234, afterwards settling at >>
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Copper prices fluctuate before China's key economic data
Mon, 19 Jan 2015 10:35:04 GMT
On Monday prices for copper fluctuated ahead of China's key economic data being released. Copper futures for March lost 0.3 cents and traded at $2.614 per pound, with fluctuations held >>
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Gold slightly slumps after reaching four-month high
Mon, 19 Jan 2015 10:24:06 GMT
Before the ECB policymakers' meeting taking place to discuss the the new stimulus introduction prices for gold rose to a four-month high. Immediate delivery price lost 0.4% to $1,275.09 per >>
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