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Dollar muscles up on Bernanke comments; Aussie under pressure
ReutersTOKYO/SYDNEY (Reuters) - The dollar bounded up to a three-year high against a basket of major currencies in Asia on Thursday, squeezed higher after Treasury yields jumped on the prospect that the Federal Reserve might scale back its stimulus program...Tags: Giorgio Napolitano, Real Estate Sellers, China, Boston Marathon Bombing (2013), Economy
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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: Labor Markets, Central Bank, Finance, Credit Ratings, European Central Bank
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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: Interest Rate, Labor Markets, Finance, Central Bank, China
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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: Economy, Business and Finance, Labor Markets, Finance, China, Credit Ratings
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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: Employment Opportunities, Economy, Business and Finance, Labor Markets, Finance, Central Bank
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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: Economic Indicator, Labor Markets, Unemployment Benefits, Unemployment Rate, Unemployment
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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: Labor Markets, Moody's Corporation, National Government, Quarterly or Semiannual Financial Statements, Productivity
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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: Employment Opportunities, Labor Markets, China, Unemployment Rate, Credit Ratings
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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: Labor Markets, Central Bank, Financial Markets, Stock Activities, Nasdaq Composite
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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: Japan, Labor Markets, Central Bank, 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: Economy, Business and Finance, Finance, Central Bank, China, Mario Draghi
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Hong Kong shares may weaken; soft U.S., China data weigh
ReutersHONG KONG, May 2 (Reuters) - Hong Kong shares could return from a mid-week Labour Day holiday weaker on Thursday, after soft China manufacturing data and a disappointing jobs report in the United States heightened concerns about the global economy....Tags: Japan, IBM, Labor Markets, Political Corruption, Las Vegas Sands Corporation
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