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On Monday the U.S. dollar declined as Asian investors caught up with a benign payrolls report and the slump in Treasury yields which followed. Oil prices showed no sign of recovering from losses with Brent quoted down 83 cents at $49.28 a barrel, after touching a trough of $48.90 on Friday...
Damac Properties Dubai Co., buildig Hollywood themed apartment towers, climbed in debut trading in the emirate, adding as much as 21 percent before trading 1.8 percent higher at 2.84 dirhams at 11:57 a.m. local time...
Gold jumped to a one-month high on speculation that the Federal Reserve will not hurry in raising interest rates, weakening the greenback and stimulating demand for the precious metal...
On Monday the Australian dollar has climbed to its highest level in nearly a month, while the local share market began the week with a solid fall...
Crude oil futures fell lower today, since a glut in global supplies continued to dominate market sentiment...
On Friday raw-material producers including steelmaker Gerdau SA followed metals lower amid concern economic growth in China is slowing. This sent Sao Paulo stock exchange index down for the first time in four sessions...
On Friday the dollar remained near 12-year highs against the other major currencies, as the greenback continued to be underpinned by growing optimism over the strength of the US economic recovery. Investors awaited a highly anticipated employment report later in the day...
On Friday gold advanced before the release of monthly data on U.S. employment that will provide direction on the outlook for borrowing costs in the world’s largest economy, as Bloomberg reports...
On Friday oil extended its rally for a third day due to speculation that a slowdown in the U.S. shale boom will reduce a glut that’s driven prices to the lowest in 5 1/2 years, as Bloomberg reports...
ECB now intensely pressured to apply QE, after indicators showed Europe officially entered deflation
According to many eurozone politicians and analysts, the 0.2% drop in prices, the first annual fall for five years, indicated the weakness of the eurozone economy and the need for a fresh injection of funds by the central bank...