While growth disappointed in Q4 we still see scope for growth in the area of 2.5% in 2012. Consumption growth is underpinned by decent income growth as employment is picking up and inflation has come down. And exports are likely to recover as export markets are recovering slowly. Corporate investment Read More US A Soft [...]
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Read More GBP USD Classical Technical Report 0127
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Read More USD JPY Classical Technical Report 0127
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Read More EUR USD Classical Technical Report 0127
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The Euro received another hit and extended losses to fresh daily lows amid news wires citing EU sources warning of imminent multiple euro zone downgrades later today. 34 Vote(s) Read More EUR USD drops below 12700 on downgrades report
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FXstreet.com (C?rdoba) – Crude fell sharply during the American afternoon after Bloomberg reported… For more information, read our latest forex news. Read More Crude slumps on Iran oil embargo delay report
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Read More EUR USD Classical Technical Report 0111
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The Australian dollar ( AUD ) has made up for yesterday’s weakness and buys US102.7 cents and 80.4 cents. The AUD is the world’s fifth most traded currency behind the US dollar, the Euro, Japanese Yen and British Pound. The AUD accounts for around 7 … 5 Vote(s) Read More Australian Stock Market Report Midday [...]
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While December’s net gain of 200,000 nonfarm jobs topped consensus estimates, the report was helped by a host of special factors and also followed downward revisions to the two previous months. Three industries accounted for a disproportionate share of December’s increase, including couriers and messengers, which added 42,200 jobs. Similar Read More A Closer Look [...]
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Crude oil prices are likely to rise while gold comes under selling pressure in the wake of an expected pickup in US employment growth in December. Read More Crude Oil to Rise While Gold Declines on US Jobs Report
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