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Japan earthquake's insurance may top $35 billion

posted by Avatar techiegirl 440 days ago in JPY made popular 440 days ago

By Amy Wong | March 14, 2011 8:38 PM HKT The insured property losses from the massive earthquakes that hit Japan on March 11 may reach as much as 2.8 trillion JPY ($35 billion), even before the effects of the tsunami are included, according to a ... read more
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Pound Drops as Investors Pare Back Bets on BOE Rate Increases

posted by Avatar techiegirl 441 days ago in USD, JPY, GBP made popular 441 days ago

By Emma Charlton - Sat Mar 12 07:00:00 GMT 2011 The pound posted its biggest weekly decline in three months against the dollar as the Bank of England left borrowing costs at a record low and investors pared bets that interest rates will rise. ... read more
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Fairfax Market Report including Shanta Gold,Randgold Resources,Rio Tinto ...

posted by Avatar techiegirl 443 days ago in JPY, Commodities

Currency The dollar is up this morning on prospects that employment figures released later today will continue to show an improvement in the economy. US$1.384/eur vs $1.387eur yesterday. Yen82.84/$ vs 82.84/$ SAr6.89$ vs 6.90/$ $1.614GBP vs ... read more
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Finland Trade Swings To Deficit In January

posted by Avatar techiegirl 443 days ago in Economic Indicators made popular 443 days ago

Finnish foreign trade recorded a deficit for January, data released by the National Board of Customs showed Thursday. The trade deficit was EUR 75 million compared to a surplus of EUR 10 million in December, which was downwardly revised ... read more
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Holcim Romania to invest EUR 35 million in environmental projects in 2011

posted by Avatar techiegirl 444 days ago in EUR made popular 444 days ago

... plant with greener energy obtained by recovering the residual heat resulted from the clinker manufacturing process. The system therefore generates electrical energy without any additional fossil fuels consumption. The EUR 14 million investment is ... read more
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The Croatian banking system will receive approximately EUR 850m for economic ...

posted by Avatar techiegirl 444 days ago in EUR

The Croatian banking system will receive approximately EUR 850m, or approximately HRK 6.3bn for economic projects financing, based on a reduction in the rate of minimum required foreign currency claims of banks relative to their foreign currency ... read more
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Swiss CPI rises more-than-expected in February

posted by Avatar techiegirl 444 days ago in CHF

Analysts had expected year-over-year CPI to rise at an annualized rate of 0.4% in February. Following the release of the data, the Swiss franc was up against the US dollar, with USD/CHF shedding 0.09% to hit 0.9343. read more
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ASIA FX: US Dollar Gains, Sentiment Still Weak on Politics

posted by Avatar techiegirl 452 days ago in USD, AUD made popular 452 days ago

This morning, a slew of Australian data releases set the tone for the Asia-Pacific markets, starting with the Australian Industry Group-PricewaterhouseCoopers' performance of manufacturing index, followed by January retail sales and fourth quarter ... read more
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Euribor rates rise after ECB sharpens inflation focus

posted by Avatar techiegirl 459 days ago in EUR made popular 459 days ago

The three-month Euribor rate EURIBOR3MD= -- traditionally the main gauge of unsecured interbank euro lending and a mix of interest rate expectations and banks' appetite for lending -- rose to 1.082 percent from 1.079 percent. ... read more
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Will analysts re-rate RIL stock post BP deal

posted by Avatar techiegirl 460 days ago in Commodities made popular 460 days ago

In the largest foreign direct investments, British oil major BP has bought a 30% stake in 23 oil and gas blocks of Reliance Industries for USD 7.2 billion. While the government is currently examining RIL-BP deal, Oil secretary S Sundareshan says that ... read more
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UK's Sterling Strengthens On Upbeat Retail Sales Data

posted by Avatar techiegirl 463 days ago in USD, JPY, GBP made popular 463 days ago

Friday in early trading, the British pound extended its recent rally against major rivals following a government report showed that the UK retail sales in January rose much more than analysts had predicted. However, the weak domestic stocks ... read more
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Dollar mixed vs. rivals ahead of US economic data

posted by Avatar techiegirl 464 days ago in USD, CHF made popular 464 days ago

But the greenback was down against the pound, with GBP/USD rising 0.17% to hit 1.6123. Elsewhere, the greenback was down against the yen and the Swiss franc, with USD/JPY slipping 0.14% to hit 83.55 and USD/CHF shedding 0.3% to hit 0.9563. ... read more