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Between Asian shares and the Dollar, gold picks up
Wed, 24 Sep 2014 07:36:06 GMT
 
The yellow metal managed to keep its gains on Wednesday due to the slide in Asian shares; however, investors remain reserved in gold purchases as the Dollar is still strong. >>
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Euro zone's PMI disappoints, adds to deflation concerns
Tue, 23 Sep 2014 09:35:03 GMT
 
Along the lines of the release of China's PMI, Euro zone's Purchasing Managers Index failed to bring about a better economic outlook. The Index slid from 53.1 in August to 52.8 >>
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Brent prices touch $97 on China's PMI pick up
Tue, 23 Sep 2014 08:29:03 GMT
 
Brent crude prices were one of the many commodities and indices that managed to increase on the account of the improved China's PMI, which increased by 0.3 to 50.5 for >>
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Draghi recognizes the need for ECB's action
Tue, 23 Sep 2014 08:18:05 GMT
 
The president of the European Central Bank Mario Draghi announced yesterday that the ECB remains determined in its plans to reach its goal of 2% inflation. He remarked that more >>
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Aussie adds on China's PMI gains
Tue, 23 Sep 2014 08:07:05 GMT
 
After sliding 2.1% in the last month due to the weakening Chinese economy and the stubbornness of the Reserve Bank of Australia, the Aussie gained and pulled up from its >>
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New data reveal Chinese markets on the upturn
Tue, 23 Sep 2014 07:55:05 GMT
 
Data regarding China's manufacturing activity have revealed a better-than-expected turnout, reversing losses from August. The HSBC account of the Purchasing Managers Index (PMI) crossed the threshold of 50.2, its level in August, and >>
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Swiss Franc gains its strength after SNB meeting
Fri, 19 Sep 2014 08:51:04 GMT
 
In the line with the gains of the Pound, the Swiss Franc also showed some improvement. The Swiss National Bank decided to keep its floor of 1.20 francs a euro >>
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Kuroda not bothered by Yen's weakness
Fri, 19 Sep 2014 08:40:07 GMT
 
The Governor of the Bank of Japan Haruhiko Kuroda is not fazed by recent slides in the Yen. He stated that exchange rates reflect the changes in basic economic indicators, >>
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Gold keeps gains small, still at almost 9 months low
Fri, 19 Sep 2014 08:29:07 GMT
 
Gold managed to add a little on Friday, yet the outcomes of the Fed meeting kept the yellow metal grounded at its lowest in near nine months time. The Fed >>
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The Pound and U.K. shares take lead after the Scottish vote
Fri, 19 Sep 2014 08:18:06 GMT
 
The Pound gained the most in almost two years time as the Scottish attempt to claim independence in the vote failed. The Pound was stronger versus its 16 biggest trading >>
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As U.K. remains undivided, BoE no longer on edge
Fri, 19 Sep 2014 07:44:04 GMT
 
As the polls closed on late Thursday, the overall sentiment was proven right Friday morning; Scotland will remain a part of the U.K. with 55% of voters ticking the 'no' in the ballot. This >>
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Euro zone inflation on the rebound
Wed, 17 Sep 2014 10:43:06 GMT
 
The Euro zone inflation rate fared better than expected, clocking in at 0.4%, overstepping Eurostat's forecast of 0.3%, which expected a drop from July's rate of 0.4%. This is definitely >>
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U.K's unemployment rate lowest since 2008
Wed, 17 Sep 2014 10:32:04 GMT
 
The newest data released by the International Labour Organization revealed that the unemployment rate in the U.K. has fallen to 6.2%, dropping from 6.4%, surpassing the economists' forecasts of 6.3%. While this points towards the strengthening of the >>
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Industrial metals gain from China's stimulus
Wed, 17 Sep 2014 09:00:09 GMT
 
As China announced its 500 billion yuan stimulus for its five biggest banks, metals increased for the second day in a row. Nickel picked up by 1.5%, its highest in >>
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Pound adds against Euro before BoE releases meeting minutes
Wed, 17 Sep 2014 08:49:13 GMT
 
The Pound increased as the Bank of England is set to release its Monetary Policy Meeting minutes on Wednesday. The August minutes revealed that two members of the committee voted >>
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