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By Allison Bennett and Neal Armstrong, Bloomberg |
September 19, 2012
The euro weakened against most major currencies amid concern that the European Central Bank’s pledge to buy the bonds of troubled member nations won’t be enough to revolve the region’s debt crisis.
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By Lu Wang and Rita Nazareth, Bloomberg |
September 7, 2012
U.S. stocks rose, with the Standard & Poor’s 500 Index poised for its biggest weekly gain since June, amid bets on central bank stimulus as American payrolls increased less than projected.
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By Austin Kiddle |
September 7, 2012
Gold open futures contracts jumped to a three-month high as of Aug. 31 while the gold-backed ETPs holdings surged to an all-time high of 2,471.97 metric tons as of Sept. 6.
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By Ashraf Laidi |
September 6, 2012
EUR/USD made its fourth consecutive weekly gain — the longest winning streak since October 2010. The pair is testing a 12-month trendline resistance (1.2635).
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By Anthony Lazzara |
September 6, 2012
With the combination today of Draghi's announcement and U.S. economic data healthily beating estimates this morning, U.S. 30-Year Bonds found good reasons to slide down in price today.
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By Matthew Brockett, Bloomberg |
September 6, 2012
European Central Bank President Mario Draghi said policy makers agreed to an unlimited bond-purchase program to regain control of interest rates in the euro area and fight speculation of a currency breakup.
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By Phil Flynn |
September 6, 2012
As of yesterday the Bureau of Safety and Environmental Enforcement said that from operator reports, it is estimated that approximately 49.33% of the current daily oil production in the Gulf of Mexico has been shut-in.
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By Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
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September 4, 2012
European Central Bank President Mario Draghi said the bank’s primary mandate compels it to intervene in bond markets to wrest back control of interest rates and ensure the euro’s survival.
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By Austin Kiddle |
August 29, 2012
September will be a critical month for gold investors not only because of the Jackson Hole conference from Aug. 31 to Sept. 1, but also because of the various announcements out of Europe.