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Greece receives second rescue package and escapes default
Tue, 21 Feb 2012 07:07:25 GMT
 
Debt-troubled Greece won EUR 130 billion (USD 173 billion) rescue package after EU governments squeezed allowances from private creditors and persuaded investor representatives to give more debt alleviation. The bailout funding will allow >>
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FTSE 100 supported by Greek hopes
Mon, 20 Feb 2012 19:14:52 GMT
 
British FTSE 100 index traded 0.8% higher on Monday ahead of European finance ministers meeting in Brussels as investors hoped it will result in second bailout package for Greece. Financial >>
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Hang Seng erases gains and finishes lower on Monday
Mon, 20 Feb 2012 19:14:44 GMT
 
Hong Kong's Hang Seng index opened 0.7% higher on Monday Asian trade as China released announcement it cut nation's reserve requirement ratio. However index erased gains later and finished 0.31% >>
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DAX 30 trades higher on China decision
Mon, 20 Feb 2012 17:52:29 GMT
 
German DAX index extended gains on Monday lifted by hopes Greece would finally receive the rescue package and China's decision to ease reserve requirements. Among notable winners were HeidelbergCement AG >>
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Grain commodities rallied on the potentially stronger demand for US exports
Mon, 20 Feb 2012 15:51:50 GMT
 
Rural commodities rallied on Friday amid expectation of stronger demand for US grain supplies.  Harmed crops in the South America created fresh stimulus for major grain importers such as China >>
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Natural gas soared on the US production cuts
Mon, 20 Feb 2012 15:42:41 GMT
 
Energy markets faced mixed performance on Friday, with rising crude oil and natural gas and falling Brent and heating oil. Crude oil was mainly lifted by strong economic data from >>
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Indiustry metals showed vulnerability to Euro Zone's developments
Mon, 20 Feb 2012 15:42:35 GMT
 
Base metals ended the week mostly lower amid deteriorated investors' confidence on the uncertainty over the Greek bailout talks and weak demand from the main industry metals consumer, China. However, >>
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Precious metals ended the week lower amid Greek debt talks
Mon, 20 Feb 2012 15:08:38 GMT
 
Precious metals, excluding platinum, declined on Friday amid lack of clear decision over the Greek bailout. Precious metals were broadly tracking the movement of the Euro against the US Dollar. >>
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France's business sentiment at 92 in February
Mon, 20 Feb 2012 14:59:19 GMT
 
The index, measuring French business sentiment stayed at 92 in February, matching economists' expectations. Although the February business confidence indicator is the lowest reading in two years, it has stopped >>
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S&P ratings reaffirms Japan AA- rating
Mon, 20 Feb 2012 14:47:24 GMT
 
Standard & Poor's rating agency reaffirmed Japan's AA- national debt rating on Monday. Nevertheless the company warned it may consider cutting Japan's short and long term ratings in case country's >>
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Nikkei 225 index climbs on China policy changes
Mon, 20 Feb 2012 14:16:24 GMT
 
Japan's Nikkei Stock Average extended gains on Monday, supported by China's decision to ease reserve requirements and investors expectations regarding outcome of meeting in Brussels. Nikkei 225 index added 1.08% >>
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Dow Jones Industrial Average climbs on US data
Mon, 20 Feb 2012 13:56:31 GMT
 
Dow Jones Industrial Average Index posted gains on Friday as US consumer prices climbed less than predicted and core inflation matched analyst expectations. Moreover, Conference Board said its index of >>
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S&P 500 index 1.4% up last week
Mon, 20 Feb 2012 13:31:47 GMT
 
S&P 500 index rose on Friday, supported by regained Greek optimism and better than predicted US economic data. American stock index added 0.23% or 3.19 points and finished at 1,361.23. >>
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Finland: Greek bailout to get final approval in three weeks
Mon, 20 Feb 2012 13:06:18 GMT
 
Finland's Finance Ministry considers the next Greek bailout is likely to be finally approved by the week which starts March 12. Currently, all necessary elements to sign an agreement on >>
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Deutsche Bank: solid base metals in Q2
Mon, 20 Feb 2012 12:24:31 GMT
 
Deutsche Bank expects the industrial metals to be firm in Q2 as China's and Europe's economic situation is likely to stabilize. Copper is expected to average at 9,000 US Dollars >>
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