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China announced fresh stimulus to revive the economy
Fri, 16 Jan 2015 10:39:04 GMT
 
The decision of a new stimulus programme, which will be implemented in China to revive the slowing economy, was approved and announced on Friday, after the release of bank lending >>
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Won spearheaded Asian currencies amid cheaper oil
Fri, 16 Jan 2015 10:28:04 GMT
 
Asia's currencies showed gains this week, led by South Korea's Won and Taiwan's Dollar, thanks to the expectation that the decline in oil prices will stimulate trade balances in the >>
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Oil undergoes bullish correction
Fri, 16 Jan 2015 10:17:13 GMT
 
Oil prices managed to advance during the recent Asian trading. However, because of the oversupply the long-term perspectives for oil remain bearish. Brent crude traded at $48.47 per barrel, showing >>
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Cheaper oil curbed US producer inflation while jobless claims went up
Fri, 16 Jan 2015 10:06:05 GMT
 
US producer prices showed their biggest drop within the last three years in December due to a strong decline in energy costs, highlighting the existing deflationary pressures. Producer price index >>
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Dollar close to 12-year high despite mixed US Data
Thu, 15 Jan 2015 17:18:30 GMT
 
Mixed US economic reports could not do much to weaken economic recovery, thus having the US Dollar remain close to the 12-year peak versus other major currencies.The US currency somewhat >>
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Oil slightly rises amid weak Dollar
Thu, 15 Jan 2015 15:37:24 GMT
 
In spite of OPEC forecasting weak demand for oil in 2015, as well as lower oil prices, oil has actually steadied as US Dollar dropped. As SNB lifted a three-year >>
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Euro falls after Franc cap removed
Thu, 15 Jan 2015 15:15:04 GMT
 
On Thursday the Euro dropped to a new low against the US Dollar after the cap on Swiss Franc was removed by the SNB. The Euro declined 0.57% to $1.1714 >>
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Natural gas prices rise amid weather forecast change
Thu, 15 Jan 2015 15:04:12 GMT
 
On Wednesday prices for natural gas in the US rose due to investor reaction on frigid weather shift. Gas futures for February hit a ten-day high, $3.118 per million British >>
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Gold rises after SNB cuts rates
Thu, 15 Jan 2015 14:53:06 GMT
 
On Thursday gold traded at the highest levels amid Swiss National Bank cutting interest rates into negative territory. Gold might get a boost with lower interest rates, as relative gold >>
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Copper compensates in metals after 5-year drop
Thu, 15 Jan 2015 14:42:08 GMT
 
Copper showed a gain in base of metals after a harsh drop in five years due to soared credit growth in China. The strong rise of financing, last month, provoked >>
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Wall Street predicts Oil to reach $40
Thu, 15 Jan 2015 14:24:07 GMT
 
The US gauge crude price dropped below $45 and almost $60 since June 2014. According to Goldman Sachs Group Inc. the West Texas Intermediate should control the price near $40 >>
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Strong oil production pushing prices down
Thu, 15 Jan 2015 14:13:10 GMT
 
Oil prices continued to decrease since US crude production advanced, strengthening the fears that global supply excess may resume. Futures tumbled 1.8% while the output soared to 9.19 million barrels >>
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Oil drops close to a six-year low amid concerns over global growth
Wed, 14 Jan 2015 16:04:05 GMT
 
On Wednesday oil futures hit a nearly six-year low amid concerns over the worsening situation of the supply glut. Futures for February slid 65 cents to $45.25 per barrel, compared >>
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Gold falls from 12-week high amid rout in commodities prices
Wed, 14 Jan 2015 14:25:06 GMT
 
On Wednesday gold slumped, leaving its 12-week high, as investors sold their gold positions due to weakening oil and copper prices. Futures for February declined $6.70 to $1,227.70 per troy >>
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Reasons why the Euro hit a new low
Wed, 14 Jan 2015 14:14:04 GMT
 
The Euro declined to a nine-year low versus the US Dollar amid investor fears of ECB implementing an aggressive incentive plan in order to boost the Euro zone's economy. It >>
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