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| | | ... per cent, to 5,108.3 points. NEW YORK - The S&P 500 has closed at a fresh record high amid renewed confidence in the eurozone after the formation of the Italian government. The broad-market S&P 500 stood at 1,593.61, up 11.37 or 0.72 per cent and a hair ... |
| | | | ... ECB would decide to lower interest rates. It has seen that nothing much has changed the economic malaise afoot in the Eurozone. And the week after this, our own RBA takes the stage. While markets don't anticipate any rate cut at the RBA's May meeting ... |
| | | | ... pressure on the European Central Bank to do more to boost growth". Yup, same old, same old. While this latest update on the Eurozone gives the IMF's recent downgrade to global growth (published last week), it now has a spin of optimism built into it ... |
| | | | ... contagion works in reverse too with increasing confidence for Spain flowing through into other problem economies in the Eurozone. Then again there's the more immediate decision to make, do we sell in May (or before) and go away? |
| | | | ... down, with disappointing US data erasing gains made on hints from a European Central Bank council member about a possible eurozone interest rate cut. Sentiment was also boosted after Germany's parliament approved an international bailout package for ... |
| | | | ... governments on an austerity crusade - reducing fiscal spending here and raising taxes there. Whatever works to keep the Eurozone economy working again. And once more, like any made in Europe predicament, it spells contagion...into Australia in particular. ... |
| | | | ... themselves once cyclical and technical factors move again in gold's favour. The fragility of the US recovery, on-going Eurozone weakness and continued high sovereign debt risks are likely to keep central banks firmly in aggressive stimulus mode," he ... |
| | | | ... quality," said RIA Capital Markets analyst Nick Stamenkovic. The IMF cut its world growth forecast for 2013 on Tuesday as the eurozone recession continued to drag, but predicted growth overall would pick up in the second half of the year. In its newest ... |
| | | | ... reached an impasse, and without a great deal in sight this week to inspire them, we should see markets drift lower. Ongoing eurozone concerns will not help." The data sparked a sell-off of mining stocks in Europe on Monday because China is a major consumer ... |
| | | | ... purchases made by world central banks last year. But you know the drill. Just like any other story that comes out of the Eurozone, it's about contagion. What if Greece, or Portugal, or Spain, or Italy, or... are forced to the same at their next bailout ... |
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