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Japan's outlook improves due to increased consumer spending
Thu, 17 Jul 2014 16:37:10 GMT
 
Japan's government raised the economy's growth projections as the negative effects of the sales tax on consumer spending are coming to naught. With personal consumption accounting for 60% of the >>
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Yen appreciates
Thu, 17 Jul 2014 16:15:14 GMT
 
The Euro traded at 137.30 against the Yen from 137.51 Wednesday, while the analysts from Bank of Tokyo-Mitsubishi forecast a dip to 137 Yen. They also added the Euro could test >>
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Anglo American platinum production plunges
Thu, 17 Jul 2014 16:04:12 GMT
 
Anglo American platinum production slipped 40% in the second quarter year-over-year due to five-month strikes in South Africa. Iron ore production, on the other hand, increased 2% from the same >>
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Canadian Dollar at monthly low
Thu, 17 Jul 2014 15:53:08 GMT
 
The Canadian Dollar reached the weakest point in less than a month after the nation's Central Bank said that inactivity in the country's economy will create a temporary boost for inflation. The Loonie >>
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Libya restarts oil offerings from Ras Lanuf port
Thu, 17 Jul 2014 15:31:12 GMT
 
Libya's National Oil Corp is now offering crude for the end of July loading. After almost a year of being closed, the Ras Lanuf facilities are ready to export 1 >>
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Sterling rises following decrease in unemployment figures
Thu, 17 Jul 2014 15:20:10 GMT
 
The Pound reached its 22-month high against the Euro as the U.K. jobless rate fell to the lowest since 2008, indicating the economy is ready for higher interest rates. The Sterling rose 0.2% >>
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China's state firms boost profit margins
Thu, 17 Jul 2014 15:09:08 GMT
 
China's state-owned companies experienced an increase in profits in the first six months of 2014. The state-owned and non-financial firms generated combined profits of 1.22 trillion yuan, adding 8.9% to the previous year's figures. >>
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Yen strengthens as U.S. and EU impose sanctions on Russia
Thu, 17 Jul 2014 14:58:09 GMT
 
The Yen jumped to five-month high against the Euro today and grew versus all of its 16 major counterparts as the U.S. and European Union laid out further sanctions on >>
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Microsoft to cut jobs as Nokia integrates into company
Thu, 17 Jul 2014 09:55:09 GMT
 
Microsoft Corp., one of the biggest software developers in the world, may announce the biggest round of jobs cuts since 2009, while company is integrating the Nokia into its' business. >>
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Brazilian CB holds key rate despite inflation
Thu, 17 Jul 2014 09:11:11 GMT
 
The Central Bank of Brasil decided to keep the main interest rate unchanged. The borrowing costs remained at 11% level, fully matching all economists' forecasts. The inflation level in the >>
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Car sales in Europe rise for tenth month
Thu, 17 Jul 2014 09:00:12 GMT
 
New car registrations in Europe continued to increase in June of this year, reaching 1.23 million units versus 1.18 million in June 2013. Therefore, the period of sales' advance has >>
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European shares drop amid Russia sanctions
Thu, 17 Jul 2014 08:49:12 GMT
 
Stock market in Europe declined on Thursday, while the negative news came from Russia, as the EU countries implemented further sanctions amid country's inability to de-escalate the conflict in Ukraine. >>
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Japanese manufacturing jumped more than estimated in May
Mon, 14 Jul 2014 13:39:16 GMT
 
Manufacturing production in Japan rose more than previously predicted in May of the current year. According to the final data from the Ministry of Trade, Economy and Industry, indicator added >>
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Eurozone industrial production slipped in May
Mon, 14 Jul 2014 13:28:20 GMT
 
Industrial production in the single currency area declined considerably in May of this year, losing 1.1% on a monthly basis, which has been worse than analysts expected. The drop followed >>
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German inflation increases to 1% in June
Fri, 11 Jul 2014 10:29:10 GMT
 
Consumer price index in Germany advanced in June of the current year, however, the indicator still remains at a relatively weak level, being much lower than the ECB 2% target. >>
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