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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.K. and German government bonds dropped while European equities were little changed.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.S., U.K. and German government bonds dropped while European equities were little changed.
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By Mathieu Rosemain, Bloomberg |
June 18, 2013
European car sales fell to a 20-year low in May as record joblessness caused by a recession in the euro area reduced demand at PSA Peugeot Citroen, Renault SA, Fiat SpA and General Motors Co.
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By Phil Flynn |
June 7, 2013
The oil market also got support from the falling dollar but also from tropical Storm Andrea that will slow imports into the Gulf of Mexico. Nat gas got blindsided by a wildly bearish weekly EIA report.
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By Lorraine Woellert and Jeanna Smialek, Bloomberg |
June 6, 2013
Applications for unemployment benefits declined last week and Americans’ views of the economy were the brightest since early 2008 on the heels of a housing market recovery and higher stock prices.
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By Michael P. Regan and Nikolaj Gammeltoft, Bloomberg |
June 6, 2013
The yen surged the most in two years and the euro jumped as Italian and Spanish bonds sank after European Central Bank President Mario Draghi said growth should return and more stimulus measures will be left “on the shelf.”
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By Emma Charlton and Mariko Ishikawa, Bloomberg |
June 3, 2013
The euro held a gain from last week vs. the dollar after a report showed manufacturing in the 17-nation currency bloc contracted at a slower pace than initially estimated in May.
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By Frank Holmes |
May 29, 2013
The more important demand for gold, in my opinion, comes from the enduring Love Trade, as countries like China and India buy the precious metal out of love and tradition.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.