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stock on the move by graziano formica





Article Author Biography
stock on the move by
Article Posted: 10/13/2014
Article Views: 656
Articles Written: 27
Word Count: 158
Article Votes: 0
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stock on the move


 
Business,Business News,Communication
The dollar fell broadly, reflecting investors' distaste for risk assets. The Japanese yen, often perceived as a "safe haven" in uncertain times, hit a one-month high against the U.S. currency and its strongest in 11 months against the euro. Gold jumped and yields on low-risk German government bonds edged lower . The Chinese trade numbers, which showed exports grew 15.4 percent year-on-year in September and exports rose 6 percent in value, both ahead of market expectations, eased fears of slowdown in the world's second-largest economy but could not dispel the broader concerns about global growth.Kuwait said OPEC was unlikely to cut production to support prices, while Saudi Arabia has privately told oil market participants it could be comfortable with $79.99 for oil.

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