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PRECIOUS-Gold edges up as dollar eases; snaps 4-day decline
ReutersMay 15 (Reuters) - Gold inched up on Wednesday to snap four sessions of decline as the U.S. dollar eased and selling by exchange-traded funds halted, but strong share prices looked set to cap gains. FUNDAMENTALS * Gold had climbed 0.11 percent to $1,...Tags: Gross Domestic Product, Foreign Exchange Market, Metal, Gold and Precious Material, Metal and Mineral
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NYMEX-Oil steady at $94 after longest losing streak since early-Dec
ReutersSINGAPORE, May 15 (Reuters) - U.S. crude futures held steady above $94 a barrel in early Asian trade on Wednesday, snapping the longest losing streak since early-December on rising supplies amid slowing demand growth. U.S. oil gained 9 cents to $94.30...Tags: BP Plc, Gross Domestic Product, Foreign Exchange Market, American Petroleum, TransCanada Corporation
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METALS-Copper edges up on optimism over U.S. recovery
ReutersSINGAPORE, May 15 (Reuters) - London copper inched up on Tuesday as investor appetite for risk picked up ahead of economic data expected to underline a U.S. recovery, but a dimming growth outlook in top metals consumer China will cap gains....Tags: Gross Domestic Product, Metal, China, BHP Billiton Plc., Japan
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REFILE-METALS-Copper edges up on optimism over U.S. recovery
Reuters(Refiles to correct days of week in paragraphs 1, 3) SINGAPORE, May 15 (Reuters) - London copper inched up on Wednesday as investor appetite for risk picked up ahead of economic data expected to underline a U.S. recovery, but a dimming growth outlook in...Tags: Gross Domestic Product, Metal, China, Japan, BHP Billiton Plc.
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Israel cabinet okays new budget draft with large defence cuts
ReutersJERUSALEM, May 14 (Reuters) - Israel's cabinet on Tuesday approved the 2013-2014 budget draft that will slash spending and hike taxes this year and next to rein in a growing budget deficit. Cabinet ministers approved the 17-month state spending package...Tags: Money and Monetary Policy, National Government, Finance, Government, Economy, Business and Finance
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Narrow base cools economic impact of hot Ghana bourse
Reuters* SME's seen wary of increased scrutiny if they list * Govt seen reluctant to release stake in key firms * Ghana bourse in middle of African pack By Matthew Mpoke Bigg and Kwasi Kpodo ACCRA, May 14 (Reuters) - Ghana's bourse is up more than 50 percent...Tags: Mutual Funds, National Government, Finance, Petroleum Industry, Stock Market
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HIGHLIGHTS-Australia releases 2013/14 budget bill and economic forecasts
ReutersSYDNEY, May 14 (Reuters) - Australia's minority government released its 2013/14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year. *************************************************************** KEY POINTS: 2013/14...Tags: Gross Domestic Product, Politics, Mining, Weather Reports, Australia
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German investor morale rise points to timid recovery
ReutersMANNHEIM, Germany (Reuters) - German analyst and investor sentiment edged up in May after dropping sharply in the previous month, suggesting the euro zone's largest economy is overcoming concerns over a flare-up in the bloc's debt crisis and is back on...Tags: Money and Monetary Policy, Politics, European Debt Crisis, Credit Ratings, Angela Merkel
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CANADA FX DEBT-C$ firms as U.S. retail sales unexpectedly rise
Reuters* C$ at C$1.0095 vs US$, or 99.06 U.S. cents * U.S. retail sales up 0.1 pct * Bond prices lower across the curve By Solarina Ho TORONTO, May 13 (Reuters) - The Canadian dollar was slightly firmer against its U.S. counterpart on Monday, helped in part...Tags: Foreign Exchange Market
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U.S. business inventories flat for second straight month
ReutersWASHINGTON, May 13 (Reuters) - U.S. business inventories were unchanged in March for a second straight month as automobile, furniture and clothing stocks fell, according to a government report on Monday that suggested restocking could be a boost to...Tags: Gross Domestic Product, Automotive Equipment, Manufacturing and Engineering, Inventories
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WRAPUP 2-US retail sales edge up, show some strength in economy
Reuters* Retail sales rise 0.1 percent in April * Autos, electronics, building materials lift sales * Core retail sales rise 0.5 percent * Report suggests momentum in economy despite budget cuts By Lucia Mutikani WASHINGTON, May 13 (Reuters) - U.S. retail sales...Tags: Automotive Equipment, Vehicles, Petroleum Industry, Electronics, Science and Technology
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Cars, home improvement give April retail sales a boost
Spring’s arrival late in April gave retail sales a light boost as Americans emerged from hibernation to spend on cars, gardening goods and building supplies. From March to April, sales rose a slight 0.1% after declining a revised 0.5% from...
Tags: Vehicles, Petroleum Industry, National Retail Federation, Services and Shopping, Home Improvement
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