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Education
Fewer traders have bearish outlook heading into 2014
According to data captured in Charles Schwab’s most recent Trading Services Sentiment Survey, only 10% of traders say they have a bearish outlook for the next three to six months.
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Financials
U.S. stocks rally to record after Fed announces cuts to stimulus
U.S. stocks rose, sending benchmark indexes to all-time highs, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery.
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ETFs
Commodity investment seen by Barclays set for record outflow
Commodity investments are heading for record outflows driven by withdrawals from gold exchange-traded funds as some investors lost faith in the traditional store of value, according to Barclays Plc.
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Forex
Dollar rises to 5-year high vs. yen as Fed trims bond buying
The dollar rose to a five-year high versus the yen after the Federal Reserve officials voted to reduce monthly asset purchases that are seen as debasing the U.S. currency amid signs that economic growth is strengthening.
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