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Moneylet.com where you decide financial news!
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Spot Gold Prices Rebound on Europe Fears
kirk 11 hours ago (via feeds.thestreet.com)
Spot gold prices rebound Tuesday afternoon as investors turn to the yellow metal's safe haven attributes amid continued pressure on stocks.
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Foreign exchange market once again in hands of Federal Reserve
robert 11 hours ago (via fxstreet.com)
U.S. real GDP data revisions by the Bureau of Economic Analysis this past July 30 put a dent in our growth and monetary policy scenarios. The data revisions, which showed the U.S. economy running at an even lower capacity utilization rate than initially reported, converged with a soft job market to leave the financial markets feeling disenchanted about the possibility of an imminent interest rate
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BRIEF-Clean Diesel update on merger agreement with Catalytic Solutions
kirk 11 hours ago (via c.moreover.com)
Sept 7 (Reuters) - Clean Diesel Technologies Inc: * Says amends merger agreement with Catalytic Solutions, extends merger date to October 15, 2010 ((B
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U.S. Forex Market Commentary
gregory 11 hours ago (via fxstreet.com)
EURO The euro depreciated sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2730 level and was capped around the $1.2875 level. European sovereign credit jitters continued to dominate news headlines and trading activity today. Yields on credit default swaps for Greece and Ireland reached very high levels today and there is renewed talk of a po
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Traders Pile on CAD Short Positions
gregory 11 hours ago (via dailyfx.com)
The COT index indicates that traders are extremely pessimistic the Canadian dollar. Since this reading follows sideways trading, the CAD may soon break down.
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Market update (PM): Further takeover talk sends Invensys soaring
kirk 11 hours ago (via c.moreover.com)
Engineering firm Invensys saw share price soar at the end of trading as market rumour marked the company as a takeover target. Share price rose by 7.4 per cent to 296.2p, as M&A talk continued to dominate trading. Tullow Oil was also a recipient of much
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The Overrated Double-Dip- Much Ado About the Wrong Thing
robert 11 hours ago (via fxstreet.com)
September 2010 issue View a complete explanation of the Kondratieff Wave theory The whipsaw that has marked the summer of 2010 continued in full force last week. The 5% decline in August was met with a sharp rally mid-week once September began as investors viewed the ISM and Employment reports as evidence of no double-dip. In fact, all summer it seems everyone has become so enamored ab
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Effort to merge 3 northern CO banks
kirk 11 hours ago (via c.moreover.com)
FORT COLLINS, Colo. Three banks in Larimer County hope to merge into one locally owned bank by buying out a major shareholder. The Fort Collins Coloradoan reports Gerard Nalezny and Mark Kross have raised 80 percent of some $14.5 million they need to buy
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ResCare accepts Onex buyout offer at higher price
kirk 11 hours ago (via c.moreover.com)
Shares of Louisville-based ResCare jumped Tuesday after the home health services provider said it has accepted a higher buyout offer from Canadian private equity firm Onex Corp. The company said Onex will buy all outstanding shares not already owned by
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Second-Quarter Real GDP Growth - Germany vs. the U.S.
robert 11 hours ago (via fxstreet.com)
As Chart 1 shows, German real GDP growth, at an annualized rate of 9.0%, blew away U.S. growth at a paltry 1.6%. A number of factors might account for the stronger performance of the German in economy in the second quarter vs. the U.S. But one I want to concentrate on is the change in credit provided by private-sector financial institutions. These data are presented in Chart 2. I do not have orang
0 Comments - More Info - Bury Topic: Forex