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By Alex Kowalski, Bloomberg |
March 6, 2013
Orders to U.S. factories fell in January by the most in five months, weighed down by a slump in demand for military hardware and commercial aircraft.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
March 5, 2013
Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures.
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By John Detrixhe and Taylor Tepper, Bloomberg |
March 5, 2013
The Canadian dollar weakened against the majority of its 16 most-traded peers amid investor speculation the nation’s central bank may signal easing after its policy meeting tomorrow.
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By Anthony Lazzara |
March 5, 2013
We focus more specifically on the MAR13 S&P 500. Our major line in the sand continues to be 1460. The market recently dropped to 1480, but then found major buying support at these levels.
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By Susanne Walker and Anchalee Worrachate, Bloomberg |
March 5, 2013
Treasuries declined for a second day as a report showed U.S. services industries expanded, reducing demand for the safety of fixed-income assets.
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By Michelle Jamrisko, Bloomberg |
March 5, 2013
Service industries in the U.S. expanded in February at the fastest pace in a year, indicating executives of the biggest part of the economy were looking beyond the division in Washington over the nation’s budget.
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By Susanne Walker, Bloomberg |
March 1, 2013
Treasuries rose for a second day, with 10-year yields headed for the biggest weekly drop since September, as $85 billion of spending cuts that threatened to slow the world’s largest economy are set to be triggered.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Anthony Lazzara |
March 1, 2013
One other factor which could be lending support to a bullish stock market is falling oil prices. We note that crude oil has recently broken down through an important trendline going back to last June.
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By Alex Kowalski, Bloomberg |
March 1, 2013
Manufacturing in the U.S. expanded at a faster pace than forecast in February, reaching the highest level since June 2011 as factories boosted production.