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By Nicholas Larkin |
August 23, 2012
Gold traders are the most bullish in nine months after bullion holdings expanded on speculation that central banks will do more to bolster growth.
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By Simone Meier, Bloomberg |
August 14, 2012
The euro-area economy shrank in the second quarter after the worsening debt crisis and tougher budget cuts forced at least six nations into recessions.
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By Lucy Meakin and Keith Jenkins, Bloomberg |
August 9, 2012
Spanish and Italian two-year notes declined for a third day amid speculation the European Central Bank’s plan to purchase the nations’ securities won’t be sufficient to stem the regional debt crisis.
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By Linda Sandler, Bloomberg |
August 8, 2012
JPMorgan Chase & Co. faulted a plan by the trustee liquidating Peregrine Financial Group Inc. to request customer documents directly from Chief Executive Officer James Dimon
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By Debarati Roy, Bloomberg |
July 31, 2012
The only three analysts to correctly predict gold’s biggest quarterly slump in four years are now split, reflecting investors’ diverging views on the probability of central banks doing more to shore up growth.
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By David Goodman and Keith Jenkins, Bloomberg |
July 13, 2012
Italy’s 10-year bonds fell for a second day, pushing the yield above 6 percent, after Moody’s Investors Service cut the nation’s credit rating by two steps and reiterated its negative outlook.
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By Ayesha Daya, Bloomberg |
June 26, 2012
Oil was little changed in New York after a storm avoided the Gulf of Mexico’s energy-producing area and amid speculation European leaders will fail to stem its debt crisis that threatens to curb fuel demand.
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By Anchalee Worrachate and Lukanyo Mnyanda, Bloomberg |
June 25, 2012
Greece may have to wait at least another five years before it can sell bonds to investors, according to financial institutions that trade debt with European governments.
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By Ayesha Daya and Fred Pals, Bloomberg |
June 14, 2012
OPEC will probably maintain its production ceiling as concern that global growth is shrinking outweighs calls for supply cuts to stem sliding crude prices, six of the group’s 12 oil ministers said.
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By Lucy Meakin and Kristine Aquino, Bloomberg |
June 4, 2012
The euro was within two cents of its weakest level versus the dollar in almost two years on speculation Europe’s leaders will struggle to agree on how to resolve the sovereign debt crisis, harming global growth.