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Jun 14, 12 •
4577 Views •
Market Commentaries •
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Comments Off on OPEC Ministers Look at Production and Price of Crude Oil
Crude oil fell on Wednesday ahead of an OPEC policy meeting expected to leave the group’s production target unchanged, while weak economic data added to the bearish sentiment. Japan’s parliament is set to pass a special bill on Friday to allow it...
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Jun 14, 12 •
4502 Views •
Market Reviews •
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Comments Off on Market Review June 14 2012
The dollar turned negative against the Japanese yen and briefly extended losses against the euro on Wednesday after government data showed U.S. retail sales fell for a second straight month in May. The euro rose as high as $1.2611 on Wednesday as investors...
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Jun 13, 12 •
4658 Views •
Market Reviews •
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Warren Buffett‟s Berkshire Hathaway Inc. jumped into the slumping private-jet market again with a record order valued at USD9.6bn, betting on a rebound later this decade with a third plane purchase in less than two years. US stocks rose on speculation...
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Jun 12, 12 •
4322 Views •
Market Reviews •
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While investors initially cheered the plan to rescue Spanish banks, many details remain to be finalized, including how much money the banks will need. European Union finance ministers agreed Saturday to lend up to €100 billion to the Spanish bailout fund to...
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Jun 11, 12 •
3055 Views •
Market Commentaries •
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Comments Off on Crude Oil and Natural Gas Expectations
Crude oil futures prices are trading above $86/bbl in electronic platform with gain of more than 2 percent. Oil prices have gained on speculation of higher oil demand from European countries as Spain have requested for bailout to shore up its banks. Spain...
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Jun 11, 12 •
4465 Views •
Market Reviews •
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Comments Off on Market Review June 11 2012
US President Barack Obama has urged European leaders to prevent a looming overseas debt crisis from dragging down the rest of the world. He said Europeans must inject money into the banking system. “The solutions to these problems are hard, but there...
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Jun 8, 12 •
4476 Views •
Between the lines •
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Comments Off on The Markets After Big Ben (Bernanke)
After a flurry of gains, we are set to see some easing on the Street. Not the quantitative kind from central banks. Big Ben (Bernanke) refused to play ball with the markets on another round of quantitative easing (QE). Markets are already showing their...
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Jun 8, 12 •
4176 Views •
Market Reviews •
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Comments Off on Market Review June 8 2012
Global food prices had their biggest drop in more than two years in May as the cost of dairy products slumped on increased supply, easing strain on household budgets. An index of 55 food items tracked by the United Nations’ Food & Agriculture...
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Jun 7, 12 •
4375 Views •
Market Reviews •
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Comments Off on Market Review June 7 2012
European leaders are under intense pressure to try to resolve the crisis at a June 28 to 29 EU summit as Spain struggles to keep the debt wolves at bay and Germany holds its hard-line stance that reform and austerity come before growth. Madrid is now asking...
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Jun 7, 12 •
2762 Views •
Market Commentaries •
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Comments Off on Central Banks and Crude Oil
Chinese equities gained the most in a week after the government signaled it will delay tightening bank capital rules and investors speculated monetary policy would be eased to prevent Europe’s debt crisis from harming the economy. Further China’s biggest...
