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By Anthony Lazzara |
May 9, 2013
Crude is down almost $1 to $95.75. We believe this is mainly fear premium regarding the Syria situation. Technically, it looks as though oil is at the top of its downward channel.
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By Sarah Jones and Inyoung Hwang, Bloomberg |
May 9, 2013
U.S. stocks were little changed, following five successive records for the Standard & Poor’s 500 Index, after data showed jobless claims declined.
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By Alex Kowalski |
April 25, 2013
Applications for U.S. unemployment benefits fell to a six-week low, a sign the labor market is improving after a setback last month.
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By Debarati Roy and Joe Richter, Bloomberg |
April 17, 2013
Investors are dumping gold funds at the fastest pace in two years in favor of equities, compounding a slump that has wiped $560 billion from the value of central bank reserves.
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By Nicholas Larkin, Bloomberg |
April 16, 2013
The biggest drop in gold prices since 1983 has divided central banks on whether the metal is cheap enough to increase investment.
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By Wes Goodman and Lukanyo Mnyanda, Bloomberg |
February 22, 2013
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said gains in Treasuries this week were misguided.
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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 Lucy Meakin and John Detrixhe, Bloomberg |
February 4, 2013
The euro fell the most in two weeks against the dollar as Italian and Spanish bonds slumped amid political turmoil in the euro-area’s third- and fourth-largest economies, damping demand for the shared currency.
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By Simon Kennedy and Scott Rose, Bloomberg |
January 16, 2013
The world is on the brink of a fresh “currency war,” Russia warned, as European policy makers joined Japan in bemoaning the economic cost of rising exchange rates.
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By Allison Bennett and Emma Charlton, Bloomberg |
November 14, 2012
The yen fell the most in two months against the dollar after Prime Minister Yoshihiko Noda said he will dissolve parliament, paving the way for elections that polls show his Democratic Party of Japan will lose.