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Euro zone economic slack may be bigger than thought: Draghi "Given the uncertainty surrounding the measurement of economic slack, the true amount may be larger than estimated, which could slow down the emergence of price pressures," Draghi said Monday. "We anticipate that headline inflation will resume its gradual upward adjustment, supported by our ...
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The Euro And The US Dollar A Fight To The Death? For a little over a year now the US dollar has been on a path of price destruction and the Euro has increased upwards of 15%. This all seems to be counterintuitive, with the United States continuing to increase rates and the European Union still unable to discuss any rate hikes. One thing to remember is ...
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UPS seeks 1.7 billion euro damages from EU after TNT bid blocked BRUSSELS (Reuters) - United Parcel Service Inc (UPS.N), the world's largest package delivery company, is seeking 1.742 billion euros ($2.15 billion) in damages from EU antitrust regulators after they blocked its bid to buy Dutch peer TNT five years ago. FILE PHOTO: A United Parcel Service (UPS) ...
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Yen | ||||||
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Yen Tipped to Test 105 Per Dollar as Seasonal Flows Kick in The dollar-yen posted an average decline of 3.2 percent in the January-March period in the last four years, making it the worst quarter for the currency pair. Repatriation flows include export payments, coupons or interests from foreign investments, as well as dividends from exporters' overseas units, ...
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Strong yen emerges as threat for 2018 Japanese corporate earnings Sales are forecast to grow 5% to 51.19 trillion yen, down from the 11% rise last year. The 229 companies on average are assuming an exchange rate of 110 yen to the dollar for 2018, roughly 2 yen stronger than the Japanese currency's performance in 2017. The earnings total covers corporations with ...
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Dollar falters as US bond yields slip; yen edges higher Against the yen, the dollar eased 0.3 percent to 106.61 yen. There was talk of dollar-selling by Japanese exporters ahead of the month-end. Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore, said the dollar was weighed down by a drop in the U.S. ...
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Dow Jones,Nasdaq,Oil, | ||||||
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Hot Stock's Highlights: Zion Oil & Gas Inc (NASDAQ: ZN) U.S. stocks traded sharply higher Monday, regaining roughly half of their correction-level losses amid stabilization in Treasury rates. The Dow Jones industrial average jumped more than 250 points on the week's first day of trading with industrial titans Boeing and 3M contributing the most to the blue-chip ...
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US stocks higher at close of trade; Dow Jones Industrial Average up 1.58% The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 3.09% or 1.36 points to ... Elsewhere in commodities trading, Crude oil for delivery in April rose 0.79% or 0.50 to hit $64.05 a barrel, while the May Brent oil contract rose 0.52% ...
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US shares higher at close of trade; Dow Jones Industrial Average up 1.58% The biggest gainers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 3.09% or 1.36 points to ... Meanwhile, Crude oil for delivery in April rose 0.76% or 0.48 to hit $64.03 a barrel, while the May Brent oil contract rose 0.52% or 0.35 to trade at ...
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