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Romney says new Fed stimulus would risk inflation

Republican presidential front-runner Mitt Romney on Monday said the Federal Reserve should not go ahead with another round of monetary stimulus to boost the U.S. economy, because it would risk kicking up inflation.

Gold rises toward $1,900 on inflation, QE talk

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Gold rallied almost 2 percent to a record near $1,900 an ounce on Monday as a sputtering global economy boosted expectations for further monetary easing, raising bullion's appeal as a hedge against inflation.

Brent slips as market eyes Libya oil restart

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Brent crude edged lower on Monday in choppy trading as investors hoped the process to restart oil exports from OPEC member Libya would begin soon as the country's six-month-old civil war neared an end.
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Karl Rove believes Sarah Palin will run for president.

Republican Presidential Candidates: Palin, Perry and Cast Will Make For Captivating Reality Show

The Republican presidential nomination race is starting to take shape as one of the most captivating competitions and reality shows we've seen in years. Think America's Biggest Loser meets Extreme Makeover meets Jon and Kate Plus 8. Mitt Romney as a front-runner didn't do much for ratings, but Rick Perry and his Perryisms changed that. Now, Sarah Palin appears set to come on board as a leading cast member, and we already know from previous experience she's rarely a dull momen...
U.S. Federal Reserve Chairman Ben Bernanke

Is this the Week Fed Chairman Ben Bernanke Starts QE3?

With the U.S. recovery having slowed considerably, and Europe debt woes persisting, investors will look to Fed Chairman Ben Bernanke's Jackson Hole, Wyo. speech later this week to provide clues regarding the central bank's evaluation of the economy, and at what point it thinks additional stimulus would be needed.
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Surging Gold Mining Company Stocks Lift London Exchange

Miners helped Britain's bruised FTSE 100 stage a recovery on Monday, with Randgold Resources boosted by bullish gold prices and broker comment, and Anglo American up as it considered a bid for Australia's Macarthur Coal.
Rocket shoots skyward

Gold Near Record High $1,900

Gold prices rallied toward $1,900 an ounce on Monday as concerns over the global economic outlook fueled interest in the precious metal as a haven from risk and due to talk that weak U.S. growth could spark a further round of monetary easing.
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Oil slips $2 towards $106 on Libya end-game

Brent crude fell almost $2 on Monday toward $106 a barrel with traders and investors anticipating the resumption of oil exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
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Japan signals readiness to intervene in currencies

Japan will take decisive action against any speculative moves in the currency market, Finance Minister Yoshihiko Noda said, signaling Tokyo's readiness to intervene to stem further yen rises after its spike to a record high last week.
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Brent Crude, U.S. Oil Fall on Hopes of Libya Flow

Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
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Brent drops more than $3, eyes on Libyan oil flow

Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
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Stocks near 11-month low on recession fears

World stocks fell toward a recent 11-month low on Monday while the euro and oil prices slipped as concerns about a global economic downturn prompted investors to sell risky assets.
A man walks past an electronic board displaying share prices in Tokyo

European Stocks Poised to Fall as Gold Hits $1,878

European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
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European stocks to fall, gold climbs

European stocks looked set to extend four weeks of losses on Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
Brent crude rises above $118 on spread buying

Brent Crude Drops by $2 on Libya Hopes

Brent crude dropped by more than $2 on Monday to around $106 a barrel on the potential for a resumption of exports from OPEC member Libya as a six-month civil war there appeared close to an end.
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Asian stocks give up early gains on global woes

Jittery Asian stocks surrendered early gains and turned lower on Monday, adding to last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.

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