European shares closed lower on Monday

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Source: Marketwatch
European equity markets closed down on Monday, driven by financial and mining stocks as PMI data showed business activity declined in the Euro Zone in February. Stoxx Europe 600 index and FTSE 100 index each fell 0.6% while German DAX dropped 0.8%. Spanish benchmark IBEX 35 index tumbled 1.3% and Italian FTSE MIB index lost 0.7%. French CAC 40 index traded 0.4% lower.
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Tue, 06 Mar 2012 09:04:51 GMT

Crude oil approaches 106.89 US Dollars per barrel after US and Israeli meeting

Crude oil futures moved higher during the Asian session on Tuesday after Barack Obama discussed the developments across Iranian nuclear programme with Benjamin Netanyahu, Israeli's President. Barack Obama was sure that sanctions would force Iran to abandon its nuclear programme while Benjamin Netanyahu insisted that Israeli would defend its interests in case Iran continues to pursue its nuclear ambitions. Light,

Tue, 06 Mar 2012 08:16:28 GMT

Australian current account deficit declined by 15% in Q4 of 2011

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