Yearly Archives: 2012
US Stock Decline Erodes 2 Day Rally
Last week the US stock market saw its biggest two-day gain of 2012, but Monday’s trading saw a significant decline as investors wait anxiously for announcements expected from central banks later this week. Continue reading
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Asian Stocks Rise as Euro Woes Drag On
Despite predictions from some major financial analysts and news sources that the Euro is headed for a certain demise, Asian stocks have continued to rise, indicating strong consumer hopes to the contrary. Continue reading
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Asian Stocks Rise as Euro Woes Drag On
Despite predictions from some major financial analysts and news sources that the Euro is headed for a certain demise, Asian stocks have continued to rise, indicating strong consumer hopes to the contrary. Continue reading
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Euro Lifted by Draghi’s Promise
The common currency steadied during the Asian trading session, holding onto gains made on Thursday after Mario Draghi, the head of the ECB, vowed that he would do all within his power to preserve the Euro and prevent a Eurozone breakup. Continue reading
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Euro Lifted by Draghi’s Promise
The common currency steadied during the Asian trading session, holding onto gains made on Thursday after Mario Draghi, the head of the ECB, vowed that he would do all within his power to preserve the Euro and prevent a Eurozone breakup. Continue reading
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Euro Gains Seen as Fleeting
The Euro’s mini rally ended during the Asian trading session, with some of Wednesday’s gains given back, as persistent Spanish doubts continue to pressure the common currency. Continue reading
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Euro Gains Seen as Fleeting
The Euro’s mini rally ended during the Asian trading session, with some of Wednesday’s gains given back, as persistent Spanish doubts continue to pressure the common currency. Continue reading
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As the Yen Rises, the Euro Falls
European stocks continue to fall while Spanish bond yields continue to rise on the concern of the European debt crisis that will affect global growth. Continue reading
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As the Yen Rises, the Euro Falls
European stocks continue to fall while Spanish bond yields continue to rise on the concern of the European debt crisis that will affect global growth. Continue reading
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Risk Appetite Boosted by China Data
The Euro eked out some gains against the safe haven currencies as risk appetite was whetted in Asia following news that China’s preliminary PMI manufacturing data for July was better than expected. Continue reading
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