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Eurozone banks lower credit standards for companies and households
Wed, 29 Oct 2014 11:23:03 GMT
 
The ECB expects the demand for loans from Eurozone banks will notably increase in the last three months of the year following a surge in the third quarter. The Euro >>
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World Bank asks China to realise better-quality growth
Wed, 29 Oct 2014 11:04:28 GMT
 
The World Bank suggests the second biggest economy to cut its economic growth target and focus on reforms. After thirty years of high-paced development, China wants to reorganise its economic >>
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China industrial profit slows down as demand shrinks
Tue, 28 Oct 2014 13:39:04 GMT
 
China shows signs of weakness, as the industrial profit growth decreased. Chinese manufacturers have grappled with falling prices, with PPI falling 1.8% in September with respect to the month one >>
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Euro dips against US Dollar after gains during early Asia session
Tue, 28 Oct 2014 13:28:04 GMT
 
The Euro reached its opening trade value against the U.S. Dollar, despite it gaining at the beginning of the Asian session. After the European markets opened, the Euro slid down >>
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Japan's private consumptions grew the most during the last four months
Tue, 28 Oct 2014 09:52:04 GMT
 
The Japan's retail sales are soaring, as the economy is overcoming the turmoil provoked by Shinzo Abe, who increased the sales tax in April. The data showed an increment of >>
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Europe affronts 'bad and ugly' deflation while U.S. gains from a 'positive' one
Mon, 27 Oct 2014 14:15:06 GMT
 
Deflation can entail positive and negative effects for a country. Economists expect Europe to face 'bad' deflation, as the bloc's growth is feeble, unemployment is significantly elevated and debt levels >>
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Banks' correct behaviour on capital reduces ECB failure list
Mon, 27 Oct 2014 11:28:04 GMT
 
After the ECB's stress test, the European banks' failure list shrinks due to positive financial behaviour of most of the lenders. Indeed, only 25 were found with a deficit, while >>
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ECB ready to start its asset purchase programme
Fri, 03 Oct 2014 08:53:09 GMT
 
After deciding to keep its benchmark interest rate at the level of 0.05%, the ECB revealed more details concerning its asset-backed securities purchase programme. ECB President Mario Draghi stated that >>
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Improving U.S. economy continues to dampen gold's prospects
Fri, 03 Oct 2014 08:31:03 GMT
 
Gold extended its weekly decline as investors continued to eye the possibilities concerning the increase of the U.S. interest rates which would lessen gold's appeal as a safe haven investment. >>
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Greenback gains on job growth
Fri, 03 Oct 2014 08:09:05 GMT
 
The U.S. Dollar managed to post gains versus the Yen for the first time in three days as economists expect that employers will have created the biggest amount of new >>
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China's services sector stalls on new order decrease
Fri, 03 Oct 2014 07:40:30 GMT
 
The service sector in China posted its slowest growth in eight months time on the account of new orders, which had their first decrease since 2008. The non-manufacturing PMI slid >>
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Oil at two-year low after Saudi price cut
Fri, 03 Oct 2014 07:29:28 GMT
 
Saudi Arabia decided to decrease its official selling price of oil, causing global oil prices to fall to their lowest  in over two years time. Other contributing factors to the price dip are increased >>
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European stocks edge up despite investors' disappointment
Fri, 03 Oct 2014 07:18:20 GMT
 
European shares are expected to open a touch higher on Friday, even though many investors were left rather unsatisfied after ECB President Mario Draghi's speech. Many expected a more explicit >>
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Japan's industrial production surprises with a decrease
Tue, 30 Sep 2014 09:48:05 GMT
 
The output of Japan's economy fell; however, this was set off by better retail sales and an upturn in the job market. Industrial production for the month of August decreased >>
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Dollar takes a pause yet nears a four-year peak
Tue, 30 Sep 2014 09:04:15 GMT
 
Despite the small slide on Tuesday, the Dollar is still set for its best year since 2010 and the biggest increase in more than a year. In addition, the Dollar >>
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