With one trading session down and four to go this week, already the mighty U.S dollar has managed to take a healthy breather on Monday. There were several notable market moves that managed to end up handcuffing the dollar. Precious metals bounced ahead of multi-month lows to record their best day in…
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Dollar Rally Cut By EUR Options
The divergence in global monetary policy – as the Federal Reserve prepares for its first rate hike in mid-2015 while counterparts in Japan and Europe consider adding stimulus – will drive the U.S. dollar higher this quarter, a CNBC survey of currency strategists and traders shows. The rise of t…
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‘Nuanced’ Q4 dollar gains as monetary policy diverges
The divergence in global monetary policy – as the Federal Reserve prepares for its first rate hike in mid-2015 while counterparts in Japan and Europe consider adding stimulus – will drive the U.S. dollar higher this quarter, a CNBC survey of currency strategists and traders shows. The rise of t…
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‘Nuanced’ Q4 dollar gains as monetary policy diverges
As we move towards the minutes from the latest FOMC meeting, traders are becoming more cautious. Add into the mix, uncertainty over how to be positioned for the upcoming earnings season and the impact of ebola and geopolitics with Russia, the reason to be bullish are being overshadowed. Wall Street…
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Still seeing the rally on EUR/USD and GBP/USD as a chance to sell… for now.
As we move towards the minutes from the latest FOMC meeting, traders are becoming more cautious. Add into the mix, uncertainty over how to be positioned for the upcoming earnings season and the impact of ebola and geopolitics with Russia, the reason to be bullish are being overshadowed. Wall Street…
See more here:
Still seeing the rally on EUR/USD and GBP/USD as a chance to sell… for now.
As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance. Oil prices have fallen as much as 20 percent since June, despite a host of rising supply risks, leading more investors and traders …
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As oil prices tank, new era of abundance seen dawning
As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance. Oil prices have fallen as much as 20 percent since June, despite a host of rising supply risks, leading more investors and traders …
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As oil prices tank, new era of abundance seen dawning
U.K. industrial production was unchanged in August as shutdowns at some North Sea facilities sent oil and gas extraction down 1.7 percent. The industrial output figure, published by the Office for National Statistics Office in London today, matched the median forecast of economists in a Bloomber…
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U.K. August Industrial Production Stalls as Oil and Gas Drops
U.K. industrial production was unchanged in August as shutdowns at some North Sea facilities sent oil and gas extraction down 1.7 percent. The industrial output figure, published by the Office for National Statistics Office in London today, matched the median forecast of economists in a Bloomber…
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U.K. August Industrial Production Stalls as Oil and Gas Drops
British lenders expect mortgage lending to bounce back sharply in the final three months of 2014 after a recent severe slowdown in lending, a Bank of England survey showed on Tuesday. The BoE’s quarterly survey of lenders suggests the slowdown in mortgage lending and house price growth seen…
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Bank of England survey shows lenders see mortgage lending rebound
British lenders expect mortgage lending to bounce back sharply in the final three months of 2014 after a recent severe slowdown in lending, a Bank of England survey showed on Tuesday. The BoE’s quarterly survey of lenders suggests the slowdown in mortgage lending and house price growth seen…
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Bank of England survey shows lenders see mortgage lending rebound
•Total production output increased by 2.5% in August 2014 compared with August 2013. There were increases in two of the main sectors, with manufacturing output being the largest contributor, increasing by 3.9%. …
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UK Index of Production, August 2014
•Total production output increased by 2.5% in August 2014 compared with August 2013. There were increases in two of the main sectors, with manufacturing output being the largest contributor, increasing by 3.9%. …
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UK Index of Production, August 2014
New York City’s Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into U.S. real estate as they seek stable investments outside their country. Beijing’s Anbang Insurance Group Co. agreed to pay $1.95 billion for the 1,232-room tower on …
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Waldorf to Be Biggest Chinese Property Purchase in U.S.
New York City’s Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into U.S. real estate as they seek stable investments outside their country. Beijing’s Anbang Insurance Group Co. agreed to pay $1.95 billion for the 1,232-room tower on …
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Waldorf to Be Biggest Chinese Property Purchase in U.S.
Swiss consumer prices fell 0.1 percent from a year ago in September and were 0.1 percent higher compared with the previous month, the Federal Statistics Office said on Tuesday. CONSUMER PRICE INDEX SEPTEMBER AUGUST SEP…
Swiss consumer prices fell 0.1 percent from a year ago in September and were 0.1 percent higher compared with the previous month, the Federal Statistics Office said on Tuesday. CONSUMER PRICE INDEX SEPTEMBER AUGUST SEP…
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Swiss CPI falls 0.1 pct yr/yr in Sept
The Swiss National Bank’s foreign exchange reserves rose in September, data showed on Tuesday. The SNB held 462.194 billion Swiss francs in foreign currency at the end of September, compared with 453.875 billion francs in August, revised from an originally reported 453.799 billion, preliminary d…
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SNB forex reserves up in September
China’s government removed tens of thousands of “phantom employees” from state payrolls amid a campaign by President Xi Jinping to crack down on corruption and eliminate waste. A total of 162,629 employees who had continued to draw salaries after leaving their posts were cleared out of central a…
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China Cuts Thousands of ‘Phantom’ Workers From State Payroll
Presser underway; virtuous cycle working in Japan’s economy; sees weakness in economy, particularly in production; corp sentiment at favourable level; expects production to recover moderately;
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BOJ’s Kuroda says economy is gradually recovering
