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By Joe Richter, Bloomberg |
January 8, 2013
Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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By Nicholas Larkin, Bloomberg |
January 8, 2013
Gold gained for the first time in four days in New York as prices near a four-month low spurred buying and on speculation of increased demand from China.
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By John Detrixhe and Emma Charlton, Bloomberg |
January 8, 2013
The yen rose for a second day vs. the dollar, extending a rally from a 2 1/2-year low, amid bets the currency’s three-month slide already incorporates many of the stimulus measures proposed by the Bank of Japan.
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By Yi Tian and Maria Kolesnikova |
December 21, 2012
Gold gained for the first time in four days as an impasse in U.S. budget talks boosted demand for the metal as an investment haven.
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By Asjylyn Loder, Anthony Dipaola and Grant Smith, Bloomberg |
December 13, 2012
Whether crude costs $60 a barrel or twice that amount, the U.S. is almost free of depending on imported energy and positioned to supplant Saudi Arabia as the world’s No. 1 producer of oil.
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By Susanne Walker and Lucy Meakin, Bloomberg |
December 11, 2012
Treasuries fell, pushing 10-year yields up to the highest level in two weeks, as the U.S. prepared to sell $32 billion in three-year debt in the first of three note and bond sales this week totaling $66 billion.
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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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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.
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By Ayesha Daya, Bloomberg |
November 13, 2012
The International Energy Agency lowered its world oil-demand forecast for this quarter for a second time, citing weakness in Europe’s economy and disruption to U.S. fuel delivery and travel by Hurricane Sandy.
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By Pratik Parija, Bloomberg |
November 8, 2012
Indian farmers may reap at least 6 percent more sugar than forecast by the government and industry, extending the longest global glut in more than a decade and a bear market that began in September.