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By Alexis Xydias and Inyoung Hwang, Bloomberg |
May 24, 2013
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will retreat for a third day, as investors weighed this week’s Federal Reserve stimulus announcements and data showing a rise in durable goods orders.
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By Nicholas Larkin, Bloomberg |
May 24, 2013
Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernanke signaled record stimulus will continue until the economy improves.
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By John Detrixhe, Bloomberg |
May 23, 2013
The yen climbed the most in almost three months versus the dollar as risk appetite shrank, with Japanese stocks tumbling after a technical signal that they had gained too much, too fast.
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By Aki Ito, Bloomberg |
May 23, 2013
Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again.
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By Debarati Roy and Maria Kolesnikova, Bloomberg |
May 23, 2013
Gold rose for the first time in three days on signs that Chinese manufacturing will slow in May for the first time in seven months, sparking a drop in global equities and increased demand for bullion as a protection of wealth.
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By Jeanna Smialek, Bloomberg |
May 23, 2013
Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains.
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By Lorraine Woellert, Bloomberg |
May 23, 2013
Builders sold more U.S. new homes than projected in April as cheaper borrowing costs and job gains drew more buyers into the market.
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By Glenys Sim |
May 22, 2013
Gold fell for a third day after U.S. Federal Reserve Chairman Ben S. Bernanke hinted at scaling back stimulus.
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By Susanne Walker and Cordell Eddings, Bloomberg |
May 22, 2013
Treasuries fell, pushing 10-year note yields above 2 percent for the first time since March, after Federal Reserve Chairman Ben S. Bernanke told Congress the Fed may cut the pace of bond purchases at the next few meetings if policy makers see indications of sustained economic growth.
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By Lu Wang and John Detrixhe, Bloomberg |
May 22, 2013
Treasuries tumbled with gold and the dollar rallied, while U.S. equities retreated, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
