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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: Politics, Gold and Precious Material, Stamford, Board of Directors, Prices
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METALS-Copper slips as China PMI fuels demand concerns
ReutersSINGAPORE, May 1 (Reuters) - London copper retreated on Wednesday after logging its deepest monthly fall in almost a year in April, as weaker than expected manufacturing data from top consumer China fueled demand concerns. FUNDAMENTALS * Three-month...Tags: European Central Bank, Metal and Mineral, Money and Monetary Policy, Central Bank, Metal
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NYMEX-Crude steady atop $93 after ECB, sees second weekly gain
ReutersSINGAPORE, May 3 (Reuters) - U.S. oil futures held above $93 a barrel on Friday, clinging to most of the gains from the previous session when risk appetite got a boost after the European Central Bank cut interest rates and said was open to do more to...Tags: Unemployment Benefits, Credit Ratings, Money and Monetary Policy, Central Bank, Economy, Business and Finance
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METALS-London copper edges higher, caution ahead of US jobs
ReutersSINGAPORE, May 3 (Reuters) - London copper futures rose for a second session in a row on Friday, backed by the European Central Bank's interest rate cut to support a recession-hit euro zone, although the modest gains indicated caution ahead of a U.S. jobs...Tags: Metal and Mineral, Money and Monetary Policy, Economy, Business and Finance, Central Bank, Metal
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Brent steadies below $103, ECB rate cut supports; US jobs eyed
Reuters* Brent trims losses for the week, down 0.4 pct * U.S. crude heads for second straight weekly gain * Coming Up: U.S. nonfarm payrolls; 1230 GMT (Adds comments, updates prices) By Luke Pachymuthu SINGAPORE, May 3 (Reuters) - Brent crude held below...Tags: Money and Monetary Policy, Credit Ratings, Finance, Economy, Business and Finance, Labor Markets
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Fed is open to altering bond policy
WASHINGTON — Federal Reserve policymakers signaled for the first time that they could "increase or reduce" their controversial efforts to stimulate the economy in the future, but for now they're holding pat. After a two-day policy meeting, the...Tags: Government Debt, Career and Workplace, Unemployment, Money and Monetary Policy, Finance
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Initial jobless claims drop to more than five-year low of 324,000
WASHINGTON -- Initial jobless claims dropped last week to their lowest level in more than five years, countering recent signals that the economic recovery is slowing. The number of people filing for the first time for unemployment benefits fell to 324,...
Tags: Unemployment Benefits, Career and Workplace, Unemployment Rate, Unemployment, Labor Markets
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WRAPUP 5-U.S. companies hire less, manufacturing growth slows in April
Reuters* Private hiring rises by 119,000 jobs in April * Two reports show manufacturing growth slowed * Construction spending drops in March to 7-month low * Fed stays the course on bond purchases By Leah Schnurr NEW YORK, May 1 (Reuters) - U.S. companies...Tags: Politics, Government, Money and Monetary Policy, Economy, Business and Finance, Economic Policy
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Stocks fall nearly 1% on anxiety about Friday's employment report
NEW YORK -- The first day of May gave investors reasons to worry about a sluggish economy, sending stocks down nearly 1% Wednesday. The Dow Jones industrial average fell 138.85 points, or 0.94%, to 14,700.95 at the closing bell on Wall Street. The...
Tags: Unemployment Rate, Career and Workplace, Credit Ratings, Labor Markets, China
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GLOBAL MARKETS-Oil, stocks fall on weak economic data; Fed stays course
Reuters* S&P 500 falls, a day after hitting record highs * Fed sticks to bond-buying plan * Commodities sell off; U.S., China manufacturing data weighs on oil By Caroline Valetkevitch NEW YORK, May 1 (Reuters) - Oil futures and U.S. stocks dropped on...Tags: Market and Exchange, Credit Ratings, Money and Monetary Policy, Economy, Business and Finance, Central Bank
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GLOBAL MARKETS-Asian shares capped by US stock fall, ECB eyed
Reuters* MSCI Asia ex-Japan capped, Nikkei opens down 0.5 pct * Dollar vulnerable after weak data * ECB rate decision eyed, markets expect 25 bps cut By Chikako Mogi TOKYO, May 2 (Reuters) - Asian shares were capped on Thursday, weighed by a fall in U.S....Tags: Market and Exchange, Money and Monetary Policy, Central Bank, Economy, Business and Finance, Nikkei
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NYMEX-Crude slips for third day on shaky global outlook
ReutersSINGAPORE, May 2 (Reuters) - U.S. crude futures dropped for a third session running on Thursday, hurt by weak economic data from top oil consumers China and the United States although the Federal Reserve's commitment to sustain monetary stimulus kept...Tags: Mario Draghi, European Central Bank, Finance, Credit Ratings, Money and Monetary Policy
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