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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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Interest rate hike may be the next step for Fed
Wed, 17 Sep 2014 08:38:13 GMT
 
Wednesday's Federal Reserve meeting may shed light on the increase of interest rates, although the Fed's current plans do not foresee a significant change in the policy until the mid-2015. >>
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China follows ECB's lead with stimulus
Wed, 17 Sep 2014 08:12:08 GMT
 
The People's Bank of China, China's central bank, decided to add to liquidity in midst of the dormant growth by flooding 500 billion yuan, or $81 billion into the largest >>
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Bent levels off at $98 due to soft demand
Tue, 16 Sep 2014 09:23:04 GMT
 
Brent crude fluctuated around the $98 mark on Tuesday, extending its gains after receiving some reprieve from its lowest in two years. The dormant manufacturing performance in the U.S. and >>
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European stocks lose in the light of Fed's meeting and ZEW index
Tue, 16 Sep 2014 09:12:05 GMT
 
Many European stocks lost, sliding to their lowest in two weeks time, as investors hold off to await the results of the latest FOMC meeting. Orange SA lost 1.3% and >>
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Gold gains as investors brace themselves for FOMC meeting
Tue, 16 Sep 2014 08:44:04 GMT
 
On Tuesday, gold increased its small gains as investors weighed in on the Federal Reserve policy meeting, yet they remained very tentative in their bets, waiting for more than speculations. If the Fed makes >>
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