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Deutsche Bank: gold to hit 1,800 US Dollars per ounce, silver-34 US Dollars per ounce in Q2
Mon, 20 Feb 2012 12:04:41 GMT
 
Deutsche Bank announced that it maintains the bullish outlook for precious metals. The bank expects the gold to average at 1,800 US Dollars per ounce in Q2 and at 1,900 >>
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Grain futures ended the week on a positive note
Mon, 20 Feb 2012 11:45:47 GMT
 
Grain futures in the US ended the week on the positive note. The soybean futures for delivery in March, were the top gainers, trading at 12,6662 US Dollars per bushel >>
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Gold futures moved higher on the China's central bank decision
Mon, 20 Feb 2012 11:31:25 GMT
 
Gold prices increased during the Asian session, following the news on the lowered RRR in China. The move weighted down on the US Dollar thus stimulating its hedge's, gold, jump. >>
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US Dollar depreciates on China easing and Greek hopes
Mon, 20 Feb 2012 10:29:06 GMT
 
The Greenback weakened against 17-nation currency and other important counterparts on speculation Monday meeting will bring a solution to Greek troubles. Depreciation was fuelled by China's decision to cut its >>
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Asian shares follow upward trend on Monday
Mon, 20 Feb 2012 10:06:38 GMT
 
Asian stock markets mostly closed with gains on Monday on China's announcement it has lowered the reserve requirement ratio to 20.5% for large lenders. Japan's Nikkei Stock Average added 1.08%, South >>
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US Consumer prices surged less than expected in January
Mon, 20 Feb 2012 10:06:31 GMT
 
The consumer-price index (CPI) climbed 0.2% in January slightly below analyst median forecasts of a 0.3% advance, said the Department of Labor on Friday. On yearly basis CPI added 2.9%. >>
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Crude oil soared above 105 US Dollars per barrel
Mon, 20 Feb 2012 10:06:22 GMT
 
Crude oil futures surged during the electronic session on Monday, being backed up by the China's announcement on RRR cut and geopolitical tensions over Iranian nuclear program. Crude oil futures >>
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European shares lifted by Greek hopes on Friday
Mon, 20 Feb 2012 09:24:43 GMT
 
European stocks closed up on Friday as investors were optimistic about the results of upcoming Finance Ministers' meeting in Brussels due Monday. UK FTSE 100 index added 0.33%, German DAX >>
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New Zealand's deficit for the last six months of 2011 in line with expectations
Mon, 20 Feb 2012 09:07:52 GMT
 
The New Zealand's national debt for the second half of 2011 was close to the initial forecast, reported the New Zealand's Treasury. The operating deficit was only 3 million New >>
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China's house prices tumbled in January
Mon, 20 Feb 2012 09:06:31 GMT
 
China's property market faced the worst performance in a year in January. Real estate prices dropped in the majority of the large cities last month, reported the NBS. Wenzhou hit >>
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China's central bank cuts reserve requirement ratio
Mon, 20 Feb 2012 09:05:55 GMT
 
The central bank of China announced that it will decrease the reserve requirement ratio by 50 basis points to 20.5% for large financial institutions and to 18.5% for the smaller >>
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Japan ready to join China in supporting Europe
Mon, 20 Feb 2012 09:05:48 GMT
 
Jun Azumi, Japanese FM, confirmed his country together with China are ready to support Europe in tackling debt turmoil. Azumi said Japan may help the region through the IMF once >>
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Loonie remains strong on Greek hopes and inflation data
Mon, 20 Feb 2012 09:05:39 GMT
 
Canadian currency traded close to three-month record high on Friday as investors looked forward successful outcome of EU finance officials' meeting due Monday and Canadian January inflation rate climbed higher than expected. >>
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Iran looks for new export opportunities before sanctions come in force
Mon, 20 Feb 2012 08:50:44 GMT
 
Iran is looking for new customers for its oil as sanctions imposed by the EU nations will ban oil exports from the region. The full oil embargo will enter into >>
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US stocks close the week up
Mon, 20 Feb 2012 08:49:04 GMT
 
US stock indexes mostly traded higher on Friday and finished the week on positive side as investors expected a Monday meeting in Brussels will provide a solution to Greek debt crisis. >>
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