Dollar strengthens; oil falls

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Source: Bloomberg
The US Dollar appreciated for a second day versus its major counterparts along with the European bonds and stocks amid speculation the US monetary policy will be tight compared to the policies of other major economies. The Bloomberg Dollar Spot Index gained 0.4% at 8:21 a.m. London time, while US crude dropped 2%, trimming its strongest weekly jump.
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Fri, 27 Mar 2015 15:05:08 GMT

Emerging stocks set to weekly drop as TSMC falls

Emerging stocks market declined for a third day due to the drop in technology shares and concerns about slowing Chinese economy. The MSCI Emerging Markets Index slumped 0.4% to 958.78 as of 8:04 a.m. London time, expanding this week's drop to 1.1%. Moreover, China's industrial company gains fell 4.2% early in the year.

Fri, 27 Mar 2015 14:43:04 GMT

European stocks recover from 2-day low on Novo Nordisk outlook

European stocks recovered from the weakest level in two days, paring their biggest weekly drop of the year. The Stoxx Europe 600 Index rose 0.5% to 396.52 as of 8:08 a.m. London time as a result of Novo Nordisk's gain of 13%. Moreover, the regional benchmark gauge has increased 16% within this year after the ECB's stimulus programme.

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