MARKETS / FINANCE

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Dudley says Fed is far from achieving mandate

A key Federal Reserve official said on Monday the economy can grow for a while before inflation pressures emerge and that policymakers should be wary of withdrawing their support for the economy too soon.
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Futures flat as Libyan unrest continues

Stock index futures were mostly flat on Monday on continued concerns the unrest in Libya could spread through the region, though stable oil prices prevented further losses.
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January consumer spending edges up, incomes surge

Consumer spending rose less than expected in January as households took advantage of the largest increase in incomes in more than 1-1/2 years to rebuild their savings, government data showed on Monday.
China vows to develop gold market as demand rises

Analysis: Jewellery demand supports gold in investment demand dips

The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.
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JPMorgan fund in talks to buy Twitter stake: report

A new JPMorgan Chase & Co technology fund is in talks to buy a substantial stake in Internet messaging and communications site Twitter, the Financial Times reported on Sunday, citing people familiar with the plans.
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Futures gain after Bullard comments

Stock index futures were higher on Monday after bullish comments from a Federal Reserve official about the economy, easing concerns that high oil prices could hurt economic activity.
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Glencore primes analysts as IPO talk heats up

Glencore, the world's largest commodities trader, is briefing analysts ahead of a possible flotation that could be one of the biggest listings ever seen in London, sources familiar with the situation said.
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Special Report: In derivatives trade, RIP OTC?

To get a measure of what financial markets think about plans to make trading in derivatives more uniform and transparent, ask no further than the regulators themselves. Thomas Huertas, a senior UK Financial Services Authority official, said recently that unless the plans to centralize trillions of dollars' worth of contracts were thought through carefully, it could be a bit like putting a Chern...
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HSBC cuts financial targets, shares fall

HSBC cut its profitability targets due to the cost of tougher global bank regulations on Monday, and disappointed investors as its 2010 earnings came in slightly below analysts' forecasts.
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Stock index futures signal early dip

U.S. stock index futures pointed to a lower opening on Wall Street on Monday, with futures for the S&P 500 down 0.08 percent, Dow Jones futures down 0.13 percent and Nasdaq 100 futures down 0.27 percent at 4.17 a.m. EST.
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U.S. stock index futures signal early dip

U.S. stock index futures pointed to a lower opening on Wall Street on Monday, with futures for the S&P 500 down 0.08 percent, Dow Jones futures down 0.13 percent and Nasdaq 100 futures down 0.27 percent at 4.17 a.m. EST.
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Oil rises on Middle East fears

Oil prices advanced on Monday as protests in Oman raised concerns about supply from the Middle East, though world stocks rose and were on track to post their third straight month of gains on an improving growth outlook. Copper prices extended the previous session's 3 percent gains after an earthquake in top producer Chile, though benchmark U.S. 10-year Treasuries were also in demand, sending yiel...
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Oil rises $1 as Oman protests fan supply concern

Brent crude rose on Monday, crossing $114 a barrel, as protests in Oman fueled concern about security of supply from the Middle East and North Africa even as top exporter Saudi Arabia pumps more.
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Asia shares up but more emerging market outflows

Asian shares rose on Monday as financial shares clawed back some of last week's losses and higher oil prices buoyed energy stocks, but gains were capped by fears of further outflows from emerging equities to developed markets.
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Shares dip as emerging Asia outflows may persist

Asian shares on Monday slipped back toward a three-month low hit last week, with emerging Asian equities seen likely to keep lagging developed markets as investors fret about risks from inflation.
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Oil up over $114 as supply woes persist after Libya cuts exports

Brent crude rose more than $2 a barrel to a high of $114.50 on Monday as concern persisted about security of supply from the Middle East and North Africa even after top exporter Saudi Arabia boosted supply to meet the shortfall caused by a cut in exports from Libya.
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Oil over $114 as supply woes persist after Libya cuts exports

Brent crude rose more than $2 a barrel on Monday as concern persisted about security of supply from the Middle East and North Africa even after top exporter Saudi Arabia boosted supply to meet the shortfall caused by a cut in exports from Libya.
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Brent oil jumps more than $1 to near $114 on Libya

London crude prices extended gains by more than $1 to near $114 a barrel in electronic trade on Monday, as worries over the worsening situation in Libya fed spreading unrest in the Middle East and stoked fears of a disruption of oil flows in the region.

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