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IMF: oil price to surge in case of supply disruptions
Thu, 26 Jan 2012 09:30:39 GMT
 
The IMF warned of 20-30% jump in the oil price if Iran oil exports are impacted. The sanctions imposed by the EU on Iran are equivalent to oil blockade, so >>
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Capital outflow may return to Russia
Thu, 26 Jan 2012 09:17:48 GMT
 
Russia may again face capital outflow in the nearest future, said Alexei Ulyukayev from the Russian Central Bank. He added that this phenomenon may appear in the current quarter but >>
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Dollar weakens to 5-week record low against the Euro
Thu, 26 Jan 2012 09:08:56 GMT
 
The US Dollar depreciated to the lowest reading in five weeks after Federal Reserved said it plans to leave its benchmark rate unchanged for one more year and also claimed >>
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German consumers are more optimistic this year
Thu, 26 Jan 2012 09:04:17 GMT
 
Germany faced an increase in the optimism among its consumers since the beginning of 2012. Willingness to purchase and economic expectations both improved essentially while income expectations stayed almost unchanged. >>
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Gold aims to break key resistance
Thu, 26 Jan 2012 08:39:28 GMT
 
Gold posted strong gains on Wednesday after falling on Tuesday. The RSI for gold is bullish, suggesting further upswing in the commodity price. The yellow metal is likely to grow >>
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Hyundai income soared 35% due to sales in China and US
Thu, 26 Jan 2012 08:30:27 GMT
 
Hyundai Motors reported 38% increase in profits for Q4 as sales in the foreign and domestic markets jumped. Net income attained 1.8 billion US Dollars in the Q4. The company >>
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Greek debt talks expected to resume today
Thu, 26 Jan 2012 08:21:18 GMT
 
Talks on Greek debt are planned to resume today, though the policy makers still are arguing over the coupon rate of restructured bonds. Private creditor representatives Jean Lemierre and Charles >>
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Angela Merkel: structural reforms are crucial
Thu, 26 Jan 2012 08:13:28 GMT
 
Big rethink is necessary in the Euro Zone within world's economy, said Angela Merkel at the World Economic Forum.  Structural reforms aimed at creating new jobs are crucial, she added. >>
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New Zealand leaves benchmark interest rate untouched
Thu, 26 Jan 2012 07:14:15 GMT
 
New Zealand's central bank decided to keep its benchmark interest rate at record low level on worries that Europe debt turmoil may harm overseas demand for country's commodity exports. Central >>
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Fed prepares for the third asset purchase round
Thu, 26 Jan 2012 07:09:45 GMT
 
Federal Reserve is preparing for the third large asset purchase program to support economy expansion as unemployment is higher than acceptable, said Ben Bernake. Fed representatives also claimed the interest >>
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Agriculture
Wed, 25 Jan 2012 18:05:20 GMT
 
Agricultural commodities rallied on Tuesday amid concerns over lower global crops. Unfavorable weather conditions in South America impacted severally the crops of grain commodities and coffee. At the same time, >>
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Energy
Wed, 25 Jan 2012 18:05:12 GMT
 
Energy markets faced mixed performance on Tuesday with rallying natural gas and heating oil and falling crude oil and Brent oil. Concerns over the spreading Euro Zone crisis and rising >>
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Agricultural commodities rallied on supply concerns
Wed, 25 Jan 2012 18:04:52 GMT
 
Agricultural commodities rallied on Tuesday amid concerns over lower global crops. Unfavorable weather conditions in South America impacted severally the crops of grain commodities and coffee. At the same time, >>
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Oil falls, natural gas rallies
Wed, 25 Jan 2012 18:04:45 GMT
 
Energy markets faced mixed performance on Tuesday with rallying natural gas and heating oil and falling crude oil and Brent oil. Concerns over the spreading Euro Zone crisis and rising >>
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Base metals did not followed the copper's fall
Wed, 25 Jan 2012 18:04:39 GMT
 
Industrial metals, except for copper, advanced on Tuesday, showing noncompliance with usual trend of following copper's lead. Base metals mainly found support on better than expected PMI releases from the >>
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