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Greenback posts gains on Tuesday
Tue, 24 May 2016 17:05:04 GMT
 
The US Dollar traded higher against other major currencies by 16:30 GMT on the New York Stock Exchange. It appreciated 0.63% against the Japanese Yen, trading at 110.03 yens. Meanwhile, >>
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Europe closes in green on Tuesday
Tue, 24 May 2016 16:39:04 GMT
 
Europe's major stock markets finished higher on Tuesday, helped by a strong rally in the banking sector, whereas the German GDP data met analysts' expectations. Germany's DAX 30 Index added 2.33%, >>
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New US home sales grow more-than-expect in April
Tue, 24 May 2016 15:33:14 GMT
 
New US home sales grew 16.6% to a seasonally adjusted annualized rate of 619,000 units in April, posting the highest result since January 2008 and the largest percent increase since January 1992. Meanwhile, the >>
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US stocks are set to open in green
Tue, 24 May 2016 15:00:10 GMT
 
The largest US equity markets posted gains shortly after the opening bell on Tuesday, ahead of the new US home sales report. The Standard & Poor's 500 Index grew 0.55%, >>
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Sterling outperforms Greenback on LSE
Tue, 24 May 2016 14:38:04 GMT
 
The British Pound grew around 1% against the US Dollar by 12:00 GMT on the London Stock Exchange on Tuesday, breaking the $1.46 level. The Treasury Select Committee provided a >>
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Energy and metal futures trade lower on NYSE
Mon, 23 May 2016 15:11:16 GMT
 
West Texas Intermediate crude oil dropped 1.9%, trading at $47.49, whereas Brent lost 2.1%, trading at $47.71 by 13:55 GMT on the New York Stock Exchange. In the meantime, gold >>
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US PMI worsens in May
Mon, 23 May 2016 15:00:14 GMT
 
The Markit Manufacturing Purchasing Managers' Index Report for the United States revealed on Monday that the country's PMI dropped to 50.5 in May, following the 50.8 reading seen in the >>
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US stocks open slightly in red
Mon, 23 May 2016 14:42:04 GMT
 
The largest US stock markets opened Monday's trading session slightly lower. At the start of the session, the Standard and Poor's 500 Index dropped 0.06%, opening at 2,048.21 points. In the meantime, >>
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OECD posts positive outlook on Africa
Mon, 23 May 2016 13:47:04 GMT
 
On Monday, the Organization for Economic Cooperation and Development stated in its Economic Outlook 2016 for Africa that, on average, the continent's economies will rise 3.7% in 2016, while the >>
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Euro zone's PMI slows down in May
Mon, 23 May 2016 13:32:14 GMT
 
The Markit Flash Composite PMI dropped to 52.9 in May, following the 53.0 result seen in April and posting the lowest result this year. Analysts polled by Reuters expected the >>
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German markets trading flat on Monday
Mon, 23 May 2016 11:44:03 GMT
 
Stocks in Europe pared gains and were flat-to-lower, while traders are digesting new services and manufacturing PMI data. In the meantime some big companies are having falls weighting in on >>
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Oil slips on Monday as investors digest supply glut
Mon, 23 May 2016 11:22:11 GMT
 
Crude prices decreased, as traders tried to calculate a rebalancing point for oil after US rig count was reported unchanged on Friday. WTI futures fell 1.2% to$47.82 per barrel and >>
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Euro depreciates after PMI data on Monday
Mon, 23 May 2016 11:10:24 GMT
 
Euro Zone's composite and manufacturing PMI's were published on Monday and they disappointed, indicating at a weaker economy. Manufacturing PMI declined to 51.5 from 51.7 points and service PMI stayed >>
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US stocks open with gains on Friday
Fri, 20 May 2016 15:01:04 GMT
 
On Friday, major US equity markets opened in green, recovering some of the early losses. The Standard & Poor's 500 Index added 0.3%, opening at 2,046.00, whereas the Dow Jones Industrial >>
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Energy futures start lower on NYSE
Fri, 20 May 2016 14:50:04 GMT
 
Crude oil futures opened Friday's North American trading session lower, whereas gold and silver posted some gains. WTI lost 0.12%, opening at $48.10, while Brent dropped 0.23%, starting at $48.70 >>
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