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Archive for the May 6, 2017

  • US Treasury yields rose on Thursday after strong labour data reinforced expectations the Federal Reserve was likely to raise interest rates again in June, and as investors waited on Friday's highly anticipated jobs report for

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    • News Desk
    • May 6th, 2017
    • Comments Off on European shares charge to fresh highs, CAC 40 shines

    European shares surged to a fresh 21-month high on Friday, spurred by strong earnings updates, supportive economic data and easing political worries ahead of Sunday's run-off vote in the French presidential election. Centrist Emmanuel Macron

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    • News Desk
    • May 6th, 2017
    • Comments Off on Australian, New Zealand shares down

    Australian shares fell to their lowest in two weeks, and logged their steepest weekly fall since early February, as a dip in oil and metal prices brought energy and material stocks lower. The S&P/ASX 200

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    • News Desk
    • May 6th, 2017
    • Comments Off on Southeast Asian markets: Philippines posts over eight-month high

    Philippine shares rose 1 percent on Friday to post their highest close since August 2016, supported by positive inflation data and foreign investor buying, while other Southeast Asian markets finished flat to lower, hurt by

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    • News Desk
    • May 6th, 2017
    • Comments Off on Pearson rally, miners help FTSE surge to strongest week since March

    Robust earnings and strength in resources-linked stocks helped Britain's top share index rise on Friday, sealing its best week in two months, with Pearson the standout performer. Britain's blue chip FTSE 100 index rose 0.7

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    • News Desk
    • May 6th, 2017
    • Comments Off on Commodity currencies down in Asia

    The Canadian dollar set a 14-month low and the Australian dollar hit a four-month trough as oil prices slid on Friday, while the safe haven yen edged higher as risk sentiment wavered. The Canadian dollar

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    • News Desk
    • May 6th, 2017
    • Comments Off on Aussie, Canadian dollar trim losses in Europe

    The Canadian and Australian dollars recovered from multi-month lows on Friday, trimming losses arising from a dip in oil prices, while the euro backed away from a six-month high ahead of Sunday's presidential election in

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    • News Desk
    • May 6th, 2017
    • Comments Off on Early trade in NY: Dollar dips against euro

    The US dollar hit its lowest level in roughly six months against the euro on Friday after data showing US jobs growth rebounded sharply in April was not enough to shake investors' bullishness toward the

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    • News Desk
    • May 6th, 2017
    • Comments Off on Euro hits six-month high against dollar in New York

    The euro reached a roughly six-month high against the US dollar on Thursday on greater certainty centrist Emmanuel Macron will win France's presidential election, along with expectations of further European Central Bank stimulus reduction. The

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    • News Desk
    • May 6th, 2017
    • Comments Off on Asian currencies subdued after rout in commodities

    Most Asian currencies edged lower on Friday as fresh falls in commodity prices raised concerns about the health of the global economy. Chinese iron ore futures plunged to their lowest since January, extending this week's

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