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By Lukanyo Mnyanda and John Detrixhe, Bloomberg |
May 6, 2013
The yen fell for a third day, trading at almost 100 per dollar, as a decline in the U.S. jobless rate to a four-year low fueled optimism that growth is gathering pace and reduced demand for Japan’s currency as a haven.
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By John L. Caiazzo |
May 5, 2013
Despite slowly improving employment data, the stock market continues to stack gains.
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By Phil Flynn |
April 19, 2013
OPEC is showing more concern about the rapid drop in oil prices. While a call from the hawks for a meeting is not unusual, it seems that OPEC special meeting or not will more than likely reign in production unless prices rebound dramatically.
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By Frank Holmes |
April 9, 2013
Just as every coin has two sides, every data point that doesn’t meet expectations usually has an upside somewhere. For instance, although the gold price has fallen with the strengthening U.S. dollar, the yellow metal is appreciating in Japanese yen.
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By Shobhana Chandra, Bloomberg |
December 11, 2012
Job openings in the U.S. rose to a four-month high in October, showing companies kept expanding in the face of looming tax increases and budget cuts.
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By Craig Torres and Josh Zumbrun, Bloomberg |
December 7, 2012
A decision by the Federal Reserve to expand its bond buying next week is likely to prompt policy makers to rewrite their 18-month-old blueprint for an exit from record monetary stimulus.
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By John L. Caiazzo |
November 4, 2012
The markets will hinge off one development this week: the U.S. presidential election.
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By Joseph Ciolli and Lucy Meakin, Bloomberg |
October 3, 2012
The dollar rose against most major peers amid demand for safety as euro-area services and manufacturing output contracted and the U.S. prepared to issue a report forecast to show the unemployment rate rose.
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By John L. Caiazzo |
August 5, 2012
The markets had a lot to chew on last week, with some positive economic data and stirring comments from European Central Bank head Mario Draghi.
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By Jon Nadler |
July 27, 2012
The final trading session of the week opened higher in metals as participants continued to bet that Mr. Draghi’s words will translate into action and that the GDP numbers will be the final motivating factor for the Fed to take action next week.
