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Stock futures up as dollar slips

Stock futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
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Earnings hopes lift Europe stocks to near 3-week high

European stocks were up 1.2 percent by midday on Monday, hitting a near three-week high, as forecast-beating results from Philips (PHG.AS) fuelled hopes over results ahead of this week's earnings from bellwethers.
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FTSE breaks back through 5,200 as oil majors gain

Britain's top shares rose 1.0 percent early on Monday, regaining 5,200 points for the first time in over a year on advances in oil majors and a rally by Vodafone (VOD.L), with investors awaiting the next batch of U.S. earnings.
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Small firms outpaced by big-caps on earnings

As third quarter earnings season takes off, bigger is better. With the U.S. economy emerging from recession, large cap stocks are set to have a stronger third-quarter earnings season than their mid and small cap counterparts, which are expected to rebound at a slower pace
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Oil tops $72 on economic optimism

Oil rose above $72 a barrel on Monday, extending last week's rally, on optimism about the pace of global economic recovery and indications of stronger oil demand.
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Obama aide defends economic stimulus package

U.S. President Barack Obama's top economic adviser said on Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market.
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Earnings optimism lifts stocks

European shares followed Wall Street higher on Monday on optimism about the third-quarter earnings season, while the dollar gained for the second session in a row.
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Dollar limps up, South Korea drags down Asia shares

The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.
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Vince Vaughn victorious with Couples Retreat

The critically maligned Vince Vaughn comedy Couples Retreat easily took the top spot at the weekend box office in North America on Sunday, helped by the absence of any other new releases.
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Director Polanski feels depressed in jail: lawyer

Director Roman Polanski is feeling depressed two weeks after his arrest in Switzerland to face U.S. extradition for a 1977 case involving the rape of a 13-year-old girl, his lawyer was quoted as saying on Sunday.
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Citi faces FINRA fine over derivatives deals: source

Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday.
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Daily Commentary - 12/10/2009

Comments by U.S Federal Reserve Bank Chairman Ben Bernanke relating to interest rates and inflation kept a lid on the Aussie dollar heading into the weekend and it opens this morning relatively unchanged from Friday''s Asian close at 0.9035.
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Philippines speeds up relief in typhoon-hit north

The Philippines shifted its efforts on Sunday to sending relief in northern provinces devastated by floods and cut off by landslides as the death toll and damages from two typhoons this month rose to art least 530.

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