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By Mike Cohen and Ilya Arkhipov, Bloomberg |
March 26, 2013
The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
January 29, 2013
U.S. stocks rose on better-than- forecast earnings from companies including Pfizer Inc. and Valero Energy Corp., returning benchmark indexes to five-year highs.
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By Michael P. Regan and Will Hadfield, Bloomberg |
December 14, 2012
Commodities rose after the biggest rally in Shanghai’s benchmark stock index in three years as manufacturing reports in China and the U.S. fueled optimism in the economy.
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
December 10, 2012
Stocks rose for a fourth day and metals rallied as economic data in China beat estimates and investors weighed prospects for a U.S. budget deal. Italy’s stocks and bonds slid as the prime minister planned to resign.
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By Phil Flynn |
December 3, 2012
The oil market is trying to balance the risk of the U.S. going over the fiscal cliff vs. stronger data out of China and the possibility that the recent Greek bailout drama may have a bullish ending.
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By Barbara Powell, Bloomberg |
November 20, 2012
Gasoline fell as Hess Corp. returned its New Jersey refinery to full production and as crude declined on optimism that Israel and members of the Islamist Hamas movement will agree to a cease-fire.
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By Christine Harvey and Saeromi Shin, Bloomberg |
July 9, 2012
Emerging-market stocks tumbled the most in two weeks after Chinese Premier Wen Jiabao said the world’s second-largest economy faces “relatively large” downward pressure.