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Archive for the May 4, 2017

    • News Desk
    • May 4th, 2017
    • Comments Off on Eurozone economy outperforms US with robust start to year

    The eurozone economy started the year with robust growth that outstripped that of the United States and set the stage for a strong 2017, preliminary estimates showed on Wednesday. The improving economy may weaken the

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    • News Desk
    • May 4th, 2017
    • Comments Off on Saudi index drops with oil; no boost from prince’s interview

    Saudi Arabian stocks fell on Wednesday after oil prices slipped, while an interview by the top economic policy official, Deputy Crown Prince Mohammed bin Salman, did little to boost sentiment. Other regional bourses were mixed

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  • Indian shares ended little changed on Wednesday as investors awaited key corporate results including that of ICICI Bank Ltd, while the market watch for the outcome of a two-day policy meeting of the US Federal

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    • News Desk
    • May 4th, 2017
    • Comments Off on Wednesday’s early afternoon trade: stocks lower ahead of Fed statement

    US stocks were lower in early afternoon trading on Wednesday, ahead of a policy-setting statement by the Federal Reserve. While the central bank is expected to hold interest rates steady, it may hint it is

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    • News Desk
    • May 4th, 2017
    • Comments Off on Wall Street edges up on heavy earnings day; Fed on tap

    Wall Street edged higher on Tuesday as gains for the tech and industrial sectors countered weakness in auto and energy stocks and investors digested a heavy day of earnings reports. Ford shares dropped 4.4 percent

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  • The stocks, financial and commodity markets in Tokyo were closed for three days from Wednesday for a string of holidays known as Golden Week. Hong Kong and Seoul also closed for public holidays. Copyright Reuters,

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  • Taiwan stocks rose on Wednesday, tracking other regional bourses higher, with Apple Inc suppliers including TSMC shrugging off a surprise dip in sales for the iPhone maker. Taiwan Semiconductor Manufacturing Co (TSMC), the world's top

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    • News Desk
    • May 4th, 2017
    • Comments Off on Long bonds rally as Treasury keeps issuance unchanged

    US 30-year bond yields fell and the yield curve flattened on Wednesday after the Treasury Department said it was studying the issuance of an ultra-long bond, but did not commit to one. The US Treasury

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    • News Desk
    • May 4th, 2017
    • Comments Off on Long bonds rally as Treasury keeps issuance unchanged

    US 30-year bond yields fell and the yield curve flattened on Wednesday after the Treasury Department said it was studying the issuance of an ultra-long bond, but did not commit to one. The US Treasury

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    • News Desk
    • May 4th, 2017
    • Comments Off on Australian, New Zealand shares down

    Australian shares ended lower on Wednesday as financial and basic material stocks extended losses, brought down by softer metals prices and as caution about bank earnings and monetary policy weighed on sentiment. Investors will also

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