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By Fergal O’Brien, Bloomberg |
October 3, 2012
Services industries from Asia to Europe cooled last month after the euro-area debt crisis pulled economies including Spain and Italy into recession and damped global growth prospects.
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By Austin Kiddle |
September 28, 2012
While the gold spot price looks likely to rise about 11% in Q3 to about $1,777, it is still about 7.5% lower than the recent peak reached on Sept. 6, 2011.
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By Alex Kowalski, Bloomberg |
September 6, 2012
Service industries in the U.S. expanded in August at a faster pace than forecast, offering support to an economy that lost momentum in the first half of the year.
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By Austin Kiddle |
August 17, 2012
The World Gold Council (WGC) recently reported that gold demand reached 990 tonnes in Q2, down 7% from a year ago.
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By Austin Kiddle |
August 17, 2012
The World Gold Council (WGC) recently reported that gold demand reached 990 tonnes in Q2, down 7% from a year ago.
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By Michael P. Regan and Stephen Kirkland, Bloomberg |
July 2, 2012
Treasuries and the dollar gained after a report showed American manufacturing unexpectedly shrank in June. Most U.S. equities advanced, while European shares rallied and Italian bonds gained.
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By Masaki Kondo and Mariko Ishikawa, Bloomberg |
July 2, 2012
The euro fell against most peers before data today that may show the currency bloc’s jobless rate climbed to a record and manufacturing contracted
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By Susanne Walker and David Goodman, Bloomberg |
June 15, 2012
Treasuries rose, set for a weekly gain, amid speculation a slowing U.S. economy will prompt the Federal Reserve to add stimulus measures, stoking investor demand for the safety.
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By Shobhana Chandra, Bloomberg |
June 5, 2012
The Institute for Supply Management’s index of non-manufacturing businesses, which covers about 90 percent of the economy, rose to 53.7
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By Austin Kiddle |
May 25, 2012
Central banks gold purchase data in April cheered gold market on Thursday, however. Mexico, Kazakhstan and Ukraine added about 204,000 ounces in April.