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By Austin Kiddle |
October 19, 2012
The enthusiasm for gold has waned a bit given stronger data from the U.S. and China, which may mean policy makers do not need to stimulate the economy as much.
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By Inyoung Hwang, Bloomberg |
October 18, 2012
U.S. stocks fell for the first time in four days after Google Inc. reported lower-than-estimated earnings. The yen weakened, while Spain’s bonds rose as the nation raised more than planned at a debt sale.
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By Charles Penty, Bloomberg |
October 18, 2012
Spain’s banks face more loan losses as the pace of an economic slump risks turning a worst-case scenario dismissed in stress tests into reality.
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By Phil Flynn |
October 18, 2012
Volume in the oil market seems to suggest that the passion for making big trades is somewhat subdued. Yet oil was more focused on what looks almost like a glut of U.S. crude supply.
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By Michael Shanahan and Nikolaj Gammeltoft, Bloomberg |
October 17, 2012
Most U.S. stocks rose as a jump in housing starts to a four-year high overshadowed earnings that disappointed investors at two of the largest technology companies. Treasuries fell, while the euro climbed with Spanish and Italian bonds.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 17, 2012
The euro strengthened to a one-month high against the dollar after Spain kept its investment-grade credit rating from Moody’s Investors Service, easing concern the region’s debt crisis was spreading.
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By Glenys Sim |
October 16, 2012
Gold gained for a second day prior to an E.U. summit this week amid speculation that Spain may accept credit from a rescue fund, weakening the dollar.
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By Andrew Rummer and Nikolaj Gammeltoft, Bloomberg |
October 16, 2012
Global stocks rose the most in a month amid better-than-forecast U.S. earnings and industrial production, while the euro and Spanish bonds gained as two German lawmakers said the country is open to Spain seeking a precautionary credit line.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 16, 2012
The euro rose above $1.30 for the first time in a week as German investor sentiment improved more than economists predicted and amid speculation that Spain is moving toward asking for financial assistance.
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By Phil Flynn |
October 16, 2012
So Greece is getting cash and Spain is going to ask for help, so sit back and get ready for a bailout bounce. While demand expectations have taken a hit, will it matter if the risk play comes back on?