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| | | The Australian market looks set to open little change, from last week's positive finish. At 0708 AEST on Monday, the December share price index futures contract was up eight points at 4163. In economic news, on Monday, the Australian Bureau of Statistics ... |
| | | | ... liquidity to banks in the Eurozone. Instead of the usual seven-day operations, these central banks will now "conduct three US dollar liquidity-providing operations with a maturity of approximately three months covering the end of the year." As they should... ... |
| | | | ... US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks. In positive territory for the fourth day in a row, the Dow Jones Industrial Average closed ... |
| | | | ... investing in physical metals," said the report. Currency products also reflect investor hesitation to engage with the US dollar's decline. "Although the shrinking of net assets position of ETFs was small, the month of August was notable in that money ... |
| | | | ... and that China was in talks to buy Italian bonds. In foreign exchange trade, the euro ended down slightly against the US dollar at $1.3674 from $1.3680 on Monday. The dollar fell to 76.95 yen from 77.15 late on Monday. After much volatility, London's ... |
| | | | ... GMT (1800 Monday AEST) it had strengthened slightly to 104.27. It also fell to $US1.3560 from $1.3649 on Friday. The US dollar was lower at 76.80 yen against 77.58 yen. The euro's weakness also weighed on other markets, with Hong Kong tumbling 4.21 per ... |
| | | | ... PRECIOUS METALS Gold slid on Friday, closing its worst week since June, as profit-taking by investors and a spike in the US dollar outweighed the desire for a safer haven. Gold tumbled in early US hours on apparent investor liquidation, but clawed back ... |
| | | | ... In late London trading the single currency bought $US1.3938 compared to $US1.4096 late in New York on Wednesday. The US dollar rose to 77.42 yen from 77.26 yen. Elsewhere in Europe, Swiss stocks rose 0.50 per cent, Milan 0.69 per cent, Brussels 0.92 ... |
| | | | Omega Global Investors launches a new bond fund tomorrow, positioning itself to benefit from an expected shift from equities to fixed interest in the institutional and retail market. The fund is being seeded with $200 million and will offer investors ... |
| | | | ... one-month low of $1.4062, compared with $1.4109 late in London on Monday. It was also at 107.94 yen from 108.57 yen. The US dollar bought 77.27 yen compared with 76.86 yen in London. By 0830 GMT, the euro was at $1.4177 and 109.30 yen while the US dollar ... |
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