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Support for Japan PM falls to 46 percent
Tepid public support for Japanese Prime Minister Taro Aso hasfallen further in the weeks since he took office and voters now want
help for the country's economy to take priority over domestic politics,
according to a poll published Monday.
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Japan opposition wants bigger global security role
Japan would play a more active role in global security if theopposition wins upcoming elections and would also seek better
diplomacy to bring peace to Afghanistan, the shadow defence
minister said.
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Crisis leads to ecological crossroads
The current financial crisis presents an opportunity to re-examine the strain on natural resources, according to a Swiss expert.
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Oil price dives to $77 as global equities slide
Oil prices slumped towards 77 dollars per barrel on Friday, amid a worldwide equities meltdown, with traders convinced that an economic slowdown will hurt energy demand, dealers said.
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`Independent' ECB Cuts May Lift Euro Against Dollar
The euro will benefit against the dollar should the European Central Bank lower overnight borrowing costs on its own after joining a coordinated easing by central banks around the world, Citigroup Global Markets Inc. analysts wrote today in a not
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C$ Plunges Sharply, Sentiment Remains Poor
The Canadian dollar ended drastically lower again Thursday, falling to more new 18-month lows as oil prices retreated further and risk aversion kept buyers away from the faltering Canadian currency, which has now fallen about 11.0% against the U.
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UK Trade Deficit Contracts In August
UK’s total trade deficit narrowed slightly in August after widening in July, official data showed.
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USD/CAD Surges, Yen and Dollar Consolidates
Markets remains relatively calm comparing to recent high volatility. US stocks open mildly higher but there is not enough momentum for a sizeable rebound. Yen and dollar continues to consolidation in most pairs. Aussie is still maintaining earlie
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Gold Futures Drop on Bets Global Slump to Cut Commodity Dema
Gold fell for the first time this week on speculation that a global economic slump will reduce demand for commodities. Silver gained.
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Crude Hits Below $85 A Barrel
Oil fell to a yearly low on Thursday as demand continued to plunge amid the global credit crisis. Light sweet crude closed at $86.59 a barrel, down $2.36 on the session. Crude then hit as low as $84.19 in trading after the markets closed.
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Forex Market Commentary for October 6, 2008 by Cornelius Luca
GFT Daily Market CommentaryThe dollar stabilized after the House voted for the TARP and despite the horrible nonfarm payrolls. The credit markets remain frozen and the dollar is needed for funding out of Europe. The European horizon is darkenin...
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Chart of the Day - 10/09/2008 - EUR/USD
Within the past few days, a tight consolidation on the EUR/USD (a daily chart of which is shown) has formed a rough inverted flag pattern


