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No boom, only doom awaits gold!

A few months ago I had written about the gold's love for tragedies. Gold always thrived on disasters like recession and rising inflation rates. So when the world is looking rosy and there are no immediate financial dangers lurking in the backyard of countries, what will the much-sought-after yellow metal do? If you want to know this, just have a look at the movements of gold prices in the recent past when World Bank and International Monetary Fund predicted that the global economy is back on tra...

Asian, European manufacturing picks up

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Factories across Europe and Asia cranked up production in March, business surveys showed on Thursday, showing a strong recovery in fast-growing emerging markets taking root in the developed West.

PIMCO sees Greece action ineffective; UK downgrade

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PIMCO sees Europe's action on Greece as ineffective in fixing the country's problems, while Britain's sovereign debt rating could be downgraded within a year, a top executive of the world's largest bond fund said.
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China factories crank up as demand rises

Factories in China and India cranked up production in March and Japanese business morale rose to its highest in more than a year on signs of improving global demand, boosting hopes for a sustainable economic recovery.
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RBS fined for breaching UK competition law

Bailed-out lender Royal Bank of Scotland has been fined 28.6 million pounds ($43 million) for illegally sharing loan pricing details with rival Barclays , Britain's Office of Fair Trading said on Tuesday.
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Fast machines, genes and the future of medicine

WASHINGTON/CHICAGO/LONDON (Reuters ) - Francis Collins, who helped map the human genome, did not get around to having his own genes analyzed until last summer. And he was surprised by what he learned.
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EUR/USD ... and now?

After a range in the morning between 1.3417 and 1.3452 there was some growing into the direction of 1.3490 with a false break-out and for the rest of the day a sideways range. Reason for that might have been yesterdays not overwhelming news. EXPECTATIONS FOR TODAY´S TRADING DAY So what can we trader expect for today?
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Argentina Running Out Of Options In Falklands Oil Fight

As Argentina's oil battle with the United Kingdom rages on, the only other obstacle the South American country can throw at oil companies planning to drill near the Falkland Islands is to interdict U.K. ships or equipment - but regional expert Riordan Roett doubts the Argentines are stupid enough to do that.
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Daily Forecast - 30/3/2010

The Aussie rallied overnight after hawkish comments from RBA Governor Glenn Stevens sparked speculation that an interest rate hike may be ahead.
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Major UK banks face refinancing challenge: report

Major UK banks face a challenge to refinance more than 300 billion pounds ($448.4 billion) of government-backed funding over the next two to three years, Fitch Ratings said in a report published on Monday.
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Jupiter financials star puts half his fund in cash

British fund firm Jupiter's high-profile investor in financial stocks, Philip Gibbs, has put more than half his fund into cash as uncertainty around the UK election and western government debt hamper visibility.
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Best Buy eyes May UK launch; Carphone demerger

U.S. electrical goods retailer Best Buy will open its first British store in May, it said on Monday, as partner Carphone Warehouse completed its demerger from telecoms arm TalkTalk .
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Forex Playbook: March 28-03 - Currency Pairs of Interest This Week EUR/USD, GBP/USD and AUD/USD

Despite new highs on the Dow and S&P 500, risk aversion dominated the Forex marketplace last week. The US dollar pushed ever higher against its major counterparts, as growing concerns over the Greek debt crisis and a credit downgrade for Portugal weighed on investors. In the current quarter, the euro has slipped 6.8 percent against the dollar - the largest quarterly decline since 2008 - reflecting a general preference in the marketplace for the perceived safety of US assets.
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EUR/USD bullish ???

Did you also keep your breath during the last days and thinking: „How far will EURUSD further fall? I can quieten you - thanks to the common solution of the EU for Greece there was some climbing up of the crosspair. Also if that were only 30 pips compared with the last high of Thursday, but anyhow. How is it going on? Should the course further win, I could expect chances into the direction of 1.3520, 1.3570 or 1.3680 as shortterm targets.
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Euro extends gains; stocks firm

The euro rallied further on Monday from 10-month lows, buoyed by a burst of short-covering as the quarter draws to an end, while Chinese shares hit two-month highs as investors welcomed the launch of a futures index.
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Early child-parent attachment affects behavior, especially for boys

The quality of the relationship between children and their parents is important to children's development, but past research on the link between attachment and development has been inconsistent. Now a new analysis concludes that children, especially boys, who are insecurely attached to their mothers in the early years have more behavior problems later in childhood.
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Daily Forecast - 29/3/2010

The Aussie dollar finished the week near its lows at 0.9030 after dropping to the psychological 90 cent level during Friday's offshore trade.
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Iceland hopes for IMF review within weeks

Iceland's economics minister said on Sunday he was hopeful that a review by the International Monetary Fund could be completed within weeks, potentially releasing crucial aid for the crisis-hit nation.
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British Airways cabin crew stage second strike

British Airways cabin crew began a four-day strike on Saturday, the second walkout this month that will cost the company millions of pounds and lead to more travel chaos before the busy Easter holiday period.
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India to expand basmati rice markets to boost export

India, world's largest producer of aromatic, premier variety basmati rice, is planning to expand its market by exporting to two more countries and increasing shipments to existing country, said APFPEDA official on Friday. State run Agricultural and Processed Food Products Export Development Authority (APFPEDA) said that Mexico has contracted for the basmati rice and China is expected to open a market for premium rice soon.
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EUR/USD – what is coming next?

After a sideways range in the morning between 1.3283 and 1.3347 the cross-pair broke out into the direction of „northern regions, but nothing more. This was not a trading day as I expected before.Alltogether the cross-pair recovered of its blessures. Supported by political announcements of financial help for Greece of the EU. In the evening EURUSD reached about 1.3280.

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