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10 Reasons not to buy Peak Oil
Today’s record prices, they argue, are driven by massive market speculation. Canadian Business writers Thomas Watson (anti-peak) and Jeff Sanford (pro-peak) debate the issue below.
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BOJ chief: Japan interest rate levels appropriate
Bank of Japan Governor Masaaki Shirakawa said on Tuesday that Japan's short-term interest rates are at appropriate levels considering the country's potential growth rate.
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German consumer confidence slips; GDP comes in as expected
German consumer confidence slipped unexpectedly in June, as rocketing gasoline prices and other cost increases caused consumers to worry about their purchasing power, according to a closely watched survey Tuesday, while analysts warned of a possi
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Yen Falls to One-Month Low Versus Euro
The yen fell to a one-month low against the euro as a rally in Asian stocks encouraged investors to add to holdings of higher-yielding assets funded in the Japanese currency.
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US Dollar Faces Nasty Mix of News on Tuesday
The US dollar did nothing but consolidate last week’s losses on Monday, as the markets remained quiet on the Memorial Day holiday in the US. However, volatility could return in a big way on Tuesday as a spate of US economic releases are likely to
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The Dollar Holiday Blues
What did not happen this past week was more interesting than what did. Jobless Claims did not deteriorate, the Dow did, oil boomed, the United States housing market swooned and for all the negative news the dollar gave ground only grudgingly agai
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EUR/USD – Long or Short… That is the question!
Over the last four weeks or so there have been some great opportunities however the waters are now becoming somewhat muddy. The opportunities are not clear and we seem to be at crossroads on many currencies. So let’s look at the EUR/USD to see if
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A weekly outlook for New Zealand, Australia and US markets
Another crazy week in the life of NZeconomic forecasters. An unexpectedly stimulatory Budget on Thursday led markets to reassess how soon interest rates will be cut, and the NZD and interest rates jumped up significantly.
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Why the US Markets Will Continue to Struggle
This past week was a difficult period for market optimists. As we approached the Memorial Weekend, the Dow had fallen by around 500 Points and the jobless figures were the only highlight of an otherwise gloomy week.
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Europe Round Up - Quiet Start To The Week In Eurozone
Monday was a quiet day on the data front in the Eurozone. In the UK, markets remained closed on account of the Spring Bank Holiday. However, some other European nations had significant news.
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Consumers can't save the economy
Americans are too deep in debt to lead the economy into a recovery, according to a new forecast. The result: The recovery will be a bit slower.
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Economic 'misery' more widespread
Some experts argue that true inflation and unemployment - the components of the economy's 'Misery Index' - are higher than the government's official figures.


