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| | | ... markets rallied for a second day and closed with strong gains on Wednesday in the wake of positive US economic data, but gold prices hit fresh low points amid concern over a Chinese credit crunch. London's FTSE 100 index of leading shares ended the day ... |
| | | | Former Deutsche Asset Management portfolio manager Daniel Sullivan has joined the 90 West Global Natural Resources Fund. Sullivan, who has 21 years experience in the investment management industry, joined the company in May as a senior investment analyst. ... |
| | | | Uh-oh, looks like it's still "not safe... very dangerous, be careful". Just when the Fed's started to deploy some official to unwind the fear that Bernanke's "tapering soon" rhetoric created, along comes China. New York Fed president Bill Dudley remarked ... |
| | | | Christian Szell: Is it safe? Babe: Yes, it's safe, it's very safe, it's so safe you wouldn't believe it. Christian Szell: Is it safe? Babe: No. It's not safe, it's... very dangerous, be careful. - Marathon Man Yes Virginia...decisions, decisions. But ... |
| | | | ... bank could wind up its $85 billion-a-month stimulus program by mid-2014. LONDON - Stock markets tumbled around the world and gold slumped to a three-year low after the US Federal Reserve signalled it may begin winding down its massive stimulus program ... |
| | | | I beg your pardon, but was that it? Was that the song we've waited all this time for Big Benny to sing? The song remains the same to me. The same tune Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one ... |
| | | | It's now or never. Last chance to place your bets - check, raise or fold - before Big Ben Bernanke shows his hands. Gauging from Wall Street's back-to-back gains over the first two trading days of this week, it appears that the money is on Big Ben revealing ... |
| | | | This is it! The is the time, this is the moment, this is the week when the most powerful man in the world set the record straight on this whole Fed tapering/unwinding/scaling back business. Can you hear that too, Virginia? The financial markets' collective ... |
| | | | ... expected, he said. On Thursday morning, all sectors are posting losses, with the large miners leading the market down. Embattled gold producer Newcrest Mining is on track for a seventh consecutive day of losses, dropping 24.5 cents, or 2.05 per cent ... |
| | | | ... had shed 81 cents, or 1.24 per cent, to $64.59; and Westpac was 54 cents, or 1.94 per cent, lower at $27.27. Making news, gold miner Newcrest Mining defended its actions surrounding last week's writedowns and jobs cuts, denying it had breached disclosure ... |
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