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Asian stocks rise
Tue, 22 Jul 2014 11:34:10 GMT
 
The Asian regional benchmark index headed towards its six-year high as investors believe that the rising tensions in Ukraine will not curb global economic growth. The MSCI Asia Pacific Index >>
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Australian Dollar falls as China slows down
Tue, 22 Jul 2014 11:23:12 GMT
 
The Aussie depreciated against 30 out of 31 main counterparts following concerns raised by a cooling housing market in China. The Australian Dollar dropped 0.2% to 93.73 U.S. cents following 1.3% increase in June, >>
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Zinc reaches 35-month high
Tue, 22 Jul 2014 11:12:08 GMT
 
Zinc rose to its highest level since 2011, as decreasing inventory and higher consumption created speculation the demand will exceed supply. Zinc went up 1% for three month futures to >>
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Dollar gauge near one-month high
Tue, 22 Jul 2014 11:01:13 GMT
 
The gauge for the Dollar was within 0.1% from the month's highest point, as a rise in U.S. treasury yields created speculation that the Fed will increase interest rates. Ray >>
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Micex loses $28 billion during worldwide bull market
Tue, 22 Jul 2014 10:45:10 GMT
 
With continued involvement in Ukraine the Russian financial markets are taking a beating. Since the late February intervention in Crimea Micex has lost around $28 billion in value, which is >>
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RBA pleased with interest rate setting
Tue, 22 Jul 2014 10:34:04 GMT
 
Reserve Bank of Australia Governor Glenn Stevens expressed his satisfaction with the present monetary policy regulation and is prepared to take more actions if needed. The Aussie jumped 5.2% this year reaching almost eight-month >>
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Yen and Swiss Franc strengthened by unstable stocks
Tue, 22 Jul 2014 05:13:09 GMT
 
As European stocks fell, traders rushed for safe-haven currencies, resulting in rises in both Swiss Franc and Japanese Yen. Still, trading volume was light due to Japan's holiday. During the >>
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Currency-swap agreement between Switzerland and China
Mon, 21 Jul 2014 14:30:11 GMT
 
This Monday, Switzerland and China agreed on a deal that allows either central bank (Swiss National Bank and People's Bank of China) to trade their currencies, limited to 150bn Yuan, >>
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Credit Suisse fined, incurs biggest loss since 2008
Mon, 21 Jul 2014 13:00:12 GMT
 
Credit Suisse Group AG is prepared to announce its largest quarterly loss since the breakdown of the Lehman Brothers Holding Inc. following a fine of $2.6 billion for assisting american customers to avoid payments. >>
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Aussie rises during Asian session
Mon, 21 Jul 2014 12:31:09 GMT
 
As of earlier this day, the Aussie advanced versus the Dollar by 0.05%. Throughout the Asian session, uncertainties regarding the recovery in the Euro zone caused the shared currency to >>
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Angela Merkel receives double budget in June
Mon, 21 Jul 2014 12:20:03 GMT
 
German Chancellor's budget doubled in June following an increase in the federal tax revenue and a decrease in the expenses of servicing debt. The federal tax revenue climbed 10.9% in >>
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Spain has year of recovery from exports
Mon, 21 Jul 2014 12:09:09 GMT
 
Mariano Rajoy's duties on Spain's economy may not yet be complete as Spain expects to enter a second year of recovery. The nation's economy still depends on adjusted exports from the debt crisis >>
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European stocks drop
Mon, 21 Jul 2014 11:58:09 GMT
 
European stocks went down as investors weighed financial reports and global tensions of the Malaysian passenger jet and the Gaza-Israel conflict. The Stoxx Europe 600 Index dropped 0.3% to 338.61, >>
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UK GDP growth forecast
Mon, 21 Jul 2014 11:47:08 GMT
 
It is expected that Britain's GDP (not considering GDP per capita) recovers from the loss which occurred during the financial crisis. Growth was forecast at 0.8%. However, there is not >>
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Corn reaches a four-year low
Mon, 21 Jul 2014 11:36:10 GMT
 
Corn fell to the lowest level over the last four years as global supplies are increasing. Deliveries for August went down 1.4%, reaching $3.7325 a bushel, the lowest since July >>
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