LATEST NEWS: Wall Street drops on global demand concerns

U.S. stocks were sharply lower on Tuesday on concerns about the impact of lower oil prices on the global economy and the effect of political turmoil in Greece on the euro zone. Brent crude LCOc1 touched a fresh five-year low of $65.29 on Tuesday and was last down 0.3 percent to $65.97. Oil prices have […]

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LATEST NEWS : Global shares push higher, bonds steady before Fed

World stocks and U.S bond yields extended almost three weeks of steady gains on Tuesday, as markets prepared for the Federal Reserve to formally end six years of aggressive, crisis-driven monetary stimulus. The Fed kicks off a two-day meeting later with analysts wagering that it will try to soothe the recent market volatility by reinforcing […]

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LATEST NEWS : Scotland split fears pound sterling, Europe flinches

World share markets stalled on Monday as the threat of Scotland splitting from the rest of Britain leapt to the forefront of investors’ attention, the latest in a recent run of geopolitical curveballs. Sterling fell to a 10-month low against the dollar and British shares and government bonds led a cautious Europe lower after a […]

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China worries chill markets, copper dives

(Reuters) – A fall in copper to near four-year lows combined with increasing concern about China’s economic slowdown sent a wave of unease on Wednesday through world financial markets. Global stocks fell for a fourth day and copper, often regarded as a proxy for China’s economic fortunes, hit its lowest level since 2010 after Shanghai futures had again fallen by […]

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Global stocks hit by Ukraine war threat, gold, oil jump

(Reuters) – The rising threat of war between Ukraine and Russiasent investors scurrying for relative safety on Monday, pushing stocks down sharply – the Moscow market fell 11.5 percent – and lifting gold to a four-month high. U.S. investors were set to add their weight to the move at the open, with stock index futures all down around […]

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Analysis: Deflation threat in Europe may prompt investment rethink

(Reuters) – The threat of deflation in the euro zone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash. Europe is still some way from a negative inflation rate, let alone a Japanese-style deflationary spiral – the policymakers’ nightmare in which falling prices weaken demand, leading to wage cuts and even […]

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Global stocks slide, dollar gains ahead of Fed minutes

“Wall Street opened mostly lower, following slight declines in European shares, while U.S. Treasury prices and German bonds fell amid caution ahead of the release of the Fed’s minutes at 2:00 p.m. EDT. The dollar edged higher from a six-month low against the euro and gained versus the yen as traders bet the minutes will […]

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