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By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
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By Susanne Walker and Neal Armstrong, Bloomberg |
March 20, 2013
Treasuries fell for the first time in four days before the Federal Reserve ends a policy meeting amid speculation the central bank will maintain its bond-buying program, underpinning demand for higher-yielding assets.
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By Phil Flynn |
March 20, 2013
Oil is up a tad as the EU seems to not to be in a real hurry to pull the plug on Cyprus. The EU did promise to provide liquidity based on the existing rules, which is providing liquidity in the energy markets.
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By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By James G. Neuger and Rebecca Christie, Bloomberg |
March 14, 2013
European leaders are loosening the economic shackles once demanded by Germany as the recession and mounting unemployment in southern Europe shove aside the debt crisis as the euro area’s biggest headache.
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By Jonathan Morgan |
February 27, 2013
A parliamentary committee in Germany approved a bill requiring firms that use the computer-driven strategies to register with banking authorities.
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By Kristine Aquino and Candice Zachariahs, Bloomberg |
February 20, 2013
New Zealand’s central bank governor said he’s ready to intervene in foreign-exchange markets, adding to comments by officials from South Korea to South America warning their currencies are too strong.
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By Rainer Buergin and Joseph de Weck, Bloomberg |
February 20, 2013
German Chancellor Angela Merkel dismissed attempts to manipulate exchange rates, saying the present value of the euro against the dollar is within the currency’s normal range.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.