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Palladium surplus to fall on car demand

Palladium's surplus is set to shrink by 62 per cent this year following an increase is car sales across the globe. The excess supply of platinum will also increase. Palladium demand will fall short of supply by 217,000 ounces this year, down from 578,000 ounces in 2009, said analysts. Consumption by the car industry will advance 15 per cent to 4.6 million ounces, they predicted. Palladium is used in catalytic converters in cars to reduce pollution.

Yum shares fall on 2010 view

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Yum Brands Inc , parent of the KFC, Taco Bell and Pizza Hut chains, issued a disappointing full-year earnings outlook and said it expects labor costs to rise in its key China market, sending its shares down 3.2 percent.

Yum's profit beats, shares fall on outlook

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Yum Brands Inc , parent of the KFC, Taco Bell and Pizza Hut chains, reported better-than-expected profit on Tuesday but shares fell 3.6 percent after its new 2010 earnings target missed analysts' view.
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Wholesale sales fall in May, inventories rise

Sales at U.S. wholesalers fell unexpectedly in May for the first time in more than a year, lifting inventories to their highest level in 11 months, a government report showed on Friday.
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Asia stocks fall as investors worry

Asian stocks fell on Wednesday as investors worried global growth was faltering, while the euro held near a 7-week high as investors pared long positions in the dollar on doubts about the resiliency of the U.S. recovery.
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Asia stocks fall on growth worry

Asian stocks slipped on Tuesday on growing investor concerns of slower economic growth in the United States and China, the main pillars of the world economy, and fading risk appetite sent the yen up against the dollar and the euro.
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Instant View: Nonfarm payrolls fall in June

Employment fell for the first time this year in June as thousands of temporary census jobs ended and private hiring grew less than expected, dealing a blow to President Barack Obama who has identified job creation as a key priority.
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Payrolls fall, private hiring below forecasts

Private payrolls rose less than expected in June and overall employment fell for the first time this year as thousands of temporary census jobs ended, showing the economic recovery is failing to gain traction.
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Yuan may fall as volatility picks up

Now that China is staying true to its word and letting the yuan trade a bit more freely, analysts and investors outside the mainland may not be prepared for one potential outcome: a yuan drop. China is showing a determination to let the yuan be more volatile against the dollar within its daily 0.5 percent trading band and go with the market flow, contrary to some expectations for another steady rise as happened between 2005 and 2008.
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Gold rises 1 percent after sharp fall

Gold rebounded 1 percent in Europe on Friday as physical buyers in particular took advantage of the previous day's price fall to buy into the market, with traders now looking ahead to a key U.S. jobs report due later.
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Stock futures fall after China data

Stock index futures fell on Thursday after soft Chinese manufacturing data and a day after Moody's warned of a potential downgrade for Spain and Wall Street ended its worst quarter since the collapse of Lehman Brothers.
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Stock index futures fall; economic data eyed

Stock index futures pointed to a lower open for Wall Street on Thursday, with futures for the Dow Jones down 0.2 percent, for the S&P 500 down 0.3 percent and for the Nasdaq down 0.4 percent by 0906 GMT.
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Asia stocks and commodities fall on China slowdown

Asian stocks and commodities began the second half of the year on a sour note on Thursday, with Japanese stocks sliding to a seven-month low after manufacturing data showed China's rapid economic growth was slowing.
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Asian stocks fall; worst quarter since Lehman

Asian stocks fell on Wednesday and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe.
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Asian shares fall on risk reduction

Asian stocks slid and the euro struggled near a two-week low on Wednesday as investors unwound risky positions before the quarter-end amid heightened concerns over banks' funding conditions in Europe.
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World stocks fall as bank funding worries intensify

World stocks hit a 2-1/2 week low on Tuesday while oil and the euro also slipped as investors grew nervous over the funding situation of banks about to repay 442 billion euros ($545.5 billion) to the European Central Bank.
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Home loan demand drops even as rates fall

Mortgage applications fell from a six-month peak last week as the lowest interest rates in over a year failed to foster demand for refinancing or home purchase loans.
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Asia stocks fall on U.S. data

Asian stocks slid on Wednesday and European markets were expected to follow suit as poor U.S. home sales added to fears about the global economic recovery and optimism over China's new flexible yuan policy faded.
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Existing home sales fall unexpectedly in May

Sales of previously owned homes fell unexpectedly in May as delays in processing mortgage applications hampered the closing of contracts benefiting from a popular homebuyer tax credit, an industry group said on Tuesday.

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