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Economy

Dollar soft ahead of retail sales test, yen slips

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economy

SYDNEY (Reuters) - The U.S. dollar was subdued on Friday ahead of key retail sales for February which could show consumer spending taking a hit and hurting overall prospects of a durable economic recovery.

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Global stocks, oil rebound on economic optimism

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economy

NEW YORK (Reuters) - Global stocks rebounded and oil edged higher on Thursday on renewed optimism over the U.S. economy, overcoming a scare that interest rates may be heading higher because of an inflation spike in China.

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Chile mines, refineries safe after new aftershocks

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economy

SANTIAGO/TALCAHUANO (Reuters) - Chile's mining and refinery sectors escaped damage on Thursday as a series of powerful aftershocks rocked the world's largest copper producer in the wake of one of the biggest earthquakes ever recorded.

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S&P 500 hits 17-month high as banks lift Wall St

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economy

NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.

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Gold ends flat with Chinese tightening in focus

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economy

NEW YORK (Reuters) - Gold prices ended flat on Thursday as possible monetary tightening by China and lingering currency volatility kept bullion investors on the sidelines.

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Oil pauses above $82; China inflation spikes

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economy

NEW YORK (Reuters) - Oil settled nearly unchanged above $82 a barrel on Thursday amid uncertainty about whether China will tighten monetary policy, which could dent energy demand in the world's second-largest oil consumer.

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Boutique boom fading as Wall St banks expand

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economy

NEW YORK (Reuters) - The window of opportunity is closing for boutique bond trading firms to make a killing from market turmoil as big Wall Street banks regain their footing and rehire staff.

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Europe shares slip from 7-week peak on China data

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economy

LONDON (Reuters) - European shares slipped from a seven-week high to end lower on Thursday as economic numbers failed to impress investors and a spike in Chinese inflation raised the prospects of interest rate hikes in the country.

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FTSE closes lower, weighed down by miners, banks

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economy

LONDON (Reuters) - Britain's top share index closed 0.4 percent lower on Thursday, pressured by miners and banks after data revived concerns about monetary tightening in China, while buyers came in for general retailers.

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Oil traders place spring bets on "widowmaker"

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economy

LONDON (Reuters) - Some of the boldest speculative oil traders at banks and hedge funds are betting on a return of gasoline's strength ahead of peak summer demand, bringing an early shift to summer from winter to the oil market.

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The People's Press

08/27/2009 12:12 PM
(Truthiness)
1 Responses
08/06/2009 4:18 PM
(Truthiness)
1 Responses
08/05/2009 2:55 PM
(Truthiness)
3 Responses
07/29/2009 5:34 PM
(Truthiness)
1 Responses
07/28/2009 5:07 PM
(Truthiness)
0 Responses