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S&P 500 index rebounds on Greek vote
Tue, 14 Feb 2012 10:28:58 GMT
 
S&P 500 index erased gains during Monday trade on news Greek parliament finally approved austerity plan to secure bailout funding. US benchmark jumped 0.68% or 9.13 points and settled at >>
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India's inflation slowed to 26 month record low
Tue, 14 Feb 2012 09:42:30 GMT
 
India's consumer price index decelerated in January, marking 26 month record low. Country's inflation rate was 6.55% in January compared to 7.47% in previous month. Economists questioned by Bloomberg predicted the wholesale price >>
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US shares finish up on Greek deal
Tue, 14 Feb 2012 09:24:07 GMT
 
US stocks retreated on Monday, lifted by positive vote on Greek austerity measures. The Dow Jones industrial average index added 0.57% or 72.81 points and closed at 12,874.04, S&P 500 Index >>
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European stocks surge on Greek optimism
Tue, 14 Feb 2012 08:41:38 GMT
 
European shares gained notably on Monday as Greek parliament approved austerity plan and secured bailout package. Stoxx Europe 600 index added 0.7% and finished at 263.17, Athens General Index rallied 4.7% to >>
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Dolllar strengthens on Moody's rating cuts
Tue, 14 Feb 2012 08:41:27 GMT
 
US Dollar appreciated versus all its main peers after Moody's Investor Service lowered sovereign ratings on six European countries including Portugal, Italy and Spain. Greenback gained 0.2% against Euro to >>
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Crude declines on European rating cuts
Tue, 14 Feb 2012 08:33:04 GMT
 
Crude dropped from the five week record high on speculation US oil supplies are increasing and fuel demand may fade as Europe struggles with downgraded credit ratings. Oil futures to >>
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Precious metals extend downward trend
Tue, 14 Feb 2012 08:14:47 GMT
 
Gold futures extended losses on Asian trading hours as US Dollar strengthened on European sovereign downgrades. April gold futures lost 0.39% or USD 4.90 to USD 1720.10 on Tuesday. Silver >>
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Japan unexpectedly injects capital in economy
Tue, 14 Feb 2012 07:42:43 GMT
 
The Bank of Japan unexpectedly contributed JPY 10 trillion (USD 128 billion) to the asset purchase program and determined inflation target rate as country received criticism it does not react >>
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Spain and Italy downgraded by Moody's
Tue, 14 Feb 2012 07:20:46 GMT
 
Moody's Investors Service downgraded the credit ratings of six Europe's nations including Spain, Portugal and Italy. Rating agency also said it considers lowering the ratings of UK and France amid >>
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DAX index recovers as Greece approves austerity plan
Mon, 13 Feb 2012 14:36:29 GMT
 
German DAX 30 retreated on Monday as Greece parliament voted against austerity measures required to secure EUR 130 billion rescue fund. Banking and car maker shares provided the main upside >>
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FTSE 100 index rallies on Greek vote
Mon, 13 Feb 2012 14:21:54 GMT
 
After a sharp decline on Friday, British FTSE 100 index rebounded on Monday, climbing 1%, helped by financial and resource shares as investors digested news about parliamentary approval of Greece >>
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Switzerland import and producer prices declined in January
Mon, 13 Feb 2012 13:03:28 GMT
 
Swiss producer and import prices fell in January as appreciating Switzerland's currency and weaker demand from Euro Zone drove costs down, said Swiss Federal Statistics Office on Monday. The index, which estimates producer and import >>
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Norway's credit market signals overheating
Mon, 13 Feb 2012 12:51:10 GMT
 
The number of Norwegian mortgages and home values are accelerating at a pace that is likely to result in credit market overheating, warned M. Baltzersen, Financial Supervisory Authority director in Oslo. Baltzersen pointed >>
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Canadian currency tumbles on Friday amid Greek worries
Mon, 13 Feb 2012 12:50:56 GMT
 
Canadian Dollar depreciated sharply against its US peer on Friday as investors curbed their demand for higher yielding assets on fresh Greece worries. Loonie dropped 0.8% against greenback to CAD >>
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Nikkei 225 index finishes 0.58% higher on Monday
Mon, 13 Feb 2012 12:05:55 GMT
 
Japan's Nikkei Stock Average climbed on positive news from Greece, but gains were limited by higher than expected contraction in Japanese 4th quarter GDP. Nikkei 225 index added 0.58% or >>
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