ADP non-farm payrolls rose less than expected in April

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Source: Forexpros
US non-farm employment change increased less that initially expected in April, reported ADP. Non-farm payrolls edged up to 119K as compared to 209K in March. Experts projected non-farm payrolls to advance to 177K in April. After the data release, the greenback added to the previous gains as Euro Zone's risk concerns continued to weight on the Euro. EUR/USD currently approached 1.3134, falling by 0.77%.


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Wed, 02 May 2012 15:25:49 GMT

Euro Zone PMI hit three-year low of 45.9 in April

Final reading of the Euro Zone's PMI indicated that Markit Euro zone Manufacturing PMI contracted to 45.9 on a seasonally adjusted basis in April as compared to March figure of 47.7. The earlier flash PMI estimate indicated a decline to 46.0. Manufacturing weakness has spread to the strongest Euro zone's economies as German manufacturing activity fell to 33-month low while

Wed, 02 May 2012 15:03:50 GMT

Coffee surged as frosts in Brazil are expected

Rural commodities balanced between favorable weather conditions in the US planting regions and expected frosts in Brazil.Wheat decreased for the first time in four sessions after US government reported that farmers accelerated planting due to warm and wet weather. Corn faced some gains despite expectation that US farmers will plant the most acres since 1937.Sugar approached one-year low as amount

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