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Yen firms as China PMI sparks flight to debt; Aussie languishes
ReutersTOKYO (Reuters) - The yen gained across the board on Thursday, bouncing sharply off a 4-1/2-year low against the dollar and notching up a two-week high against the euro after a whiplash move in stocks prompted investors to scramble for safety in...Tags: Washington, DC, Casino and Gambling Industry, United Nations, Politics, John Kerry
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METALS-Copper slips as China PMI fuels demand concerns
ReutersSINGAPORE, May 1 (Reuters) - London copper retreated on Wednesday after logging its deepest monthly fall in almost a year in April, as weaker than expected manufacturing data from top consumer China fueled demand concerns. FUNDAMENTALS * Three-month...Tags: Metal, Conservation, European Central Bank, China, Environmental Issues
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NYMEX-Crude steady atop $93 after ECB, sees second weekly gain
ReutersSINGAPORE, May 3 (Reuters) - U.S. oil futures held above $93 a barrel on Friday, clinging to most of the gains from the previous session when risk appetite got a boost after the European Central Bank cut interest rates and said was open to do more to...Tags: Career and Workplace, Unemployment Benefits, Employment Opportunities, European Central Bank, Labor Markets
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METALS-London copper edges higher, caution ahead of US jobs
ReutersSINGAPORE, May 3 (Reuters) - London copper futures rose for a second session in a row on Friday, backed by the European Central Bank's interest rate cut to support a recession-hit euro zone, although the modest gains indicated caution ahead of a U.S. jobs...Tags: Metal, Career and Workplace, European Central Bank, Employment Opportunities, Labor Markets
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Brent steadies below $103, ECB rate cut supports; US jobs eyed
Reuters* Brent trims losses for the week, down 0.4 pct * U.S. crude heads for second straight weekly gain * Coming Up: U.S. nonfarm payrolls; 1230 GMT (Adds comments, updates prices) By Luke Pachymuthu SINGAPORE, May 3 (Reuters) - Brent crude held below...Tags: Petroleum Industry, Labor Markets, Economy, Business and Finance, China, Money and Monetary Policy
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Fed is open to altering bond policy
WASHINGTON — Federal Reserve policymakers signaled for the first time that they could "increase or reduce" their controversial efforts to stimulate the economy in the future, but for now they're holding pat. After a two-day policy meeting, the...Tags: Unemployment, Career and Workplace, Employment Opportunities, Economy, Business and Finance, Labor Markets
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Initial jobless claims drop to more than five-year low of 324,000
WASHINGTON -- Initial jobless claims dropped last week to their lowest level in more than five years, countering recent signals that the economic recovery is slowing. The number of people filing for the first time for unemployment benefits fell to 324,...
Tags: Unemployment, Career and Workplace, Unemployment Benefits, Labor Markets, Economic Indicator
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WRAPUP 5-U.S. companies hire less, manufacturing growth slows in April
Reuters* Private hiring rises by 119,000 jobs in April * Two reports show manufacturing growth slowed * Construction spending drops in March to 7-month low * Fed stays the course on bond purchases By Leah Schnurr NEW YORK, May 1 (Reuters) - U.S. companies...Tags: Budgets and Budgeting, Career and Workplace, Economic Policy, Industrial Production, Politics
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Stocks fall nearly 1% on anxiety about Friday's employment report
NEW YORK -- The first day of May gave investors reasons to worry about a sluggish economy, sending stocks down nearly 1% Wednesday. The Dow Jones industrial average fell 138.85 points, or 0.94%, to 14,700.95 at the closing bell on Wall Street. The...
Tags: Career and Workplace, Employment Opportunities, Labor Markets, China, Credit Ratings
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GLOBAL MARKETS-Oil, stocks fall on weak economic data; Fed stays course
Reuters* S&P 500 falls, a day after hitting record highs * Fed sticks to bond-buying plan * Commodities sell off; U.S., China manufacturing data weighs on oil By Caroline Valetkevitch NEW YORK, May 1 (Reuters) - Oil futures and U.S. stocks dropped on...Tags: Upstream Oil and Gas Activities, European Central Bank, Nasdaq Composite, Bonds, Labor Markets
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GLOBAL MARKETS-Asian shares capped by US stock fall, ECB eyed
Reuters* MSCI Asia ex-Japan capped, Nikkei opens down 0.5 pct * Dollar vulnerable after weak data * ECB rate decision eyed, markets expect 25 bps cut By Chikako Mogi TOKYO, May 2 (Reuters) - Asian shares were capped on Thursday, weighed by a fall in U.S....Tags: European Central Bank, Germany, Labor Markets, Asia, Money and Monetary Policy
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NYMEX-Crude slips for third day on shaky global outlook
ReutersSINGAPORE, May 2 (Reuters) - U.S. crude futures dropped for a third session running on Thursday, hurt by weak economic data from top oil consumers China and the United States although the Federal Reserve's commitment to sustain monetary stimulus kept...Tags: HSBC Holdings plc, Petroleum Industry, European Central Bank, Mario Draghi, Economy, Business and Finance
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