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US stocks extend gains after ISM data

US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.

Fertilizers: Gambling on the Global Grain Market

French farmer
RBC Capital Markets said it has analyzed potential outcomes for global grain market conditions through 2015/2016 using Monte Carlo simulation analysis. The brokerage said Monte Carlo simulation suggests favorable odds for fertilizer investors.
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ProLogis Downgraded at RBC Capital Markets

RBC Capital Markets downgraded rating of ProLogis (NYSE: PLD) to "sector perform" with above average risk qualifier from "outperform" and lowered its price target to $15.25 from $16.
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Gold rises 2 percent as Egypt sparks safe-haven buying

Gold surged 2 percent on Friday, gaining as much as $40 per ounce in a knee-jerk rally as fears that unrest in Egypt would spread across the Middle East prompted safe-haven buying. It's the largest one-day gain in nearly two months.
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Merill Lynch settles prop trading charges for $10 mln

Bank of America Corp's Merrill Lynch unit has agreed to pay $10 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) that has accused it of fraudulently misusing customer orders so it could trade for its own benefit.
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Gold steadies off 4-month lows, China demand to rise strongly

The China Gold Association estimates... that the demand for gold in the first half of the year will rise by 15 percent year on year, citing growing demand for alternative investments and protection against inflation, said Commerzbank in a note.
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Huge gold position liquidated by Hedge fund -WSJ

Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.

Risk Response Network launched at Davos

The World Economic Forum (WEF) on Wednesday launched a Risk Response Network (RRN) in Davos to facilitate collective response to complex and interconnected global risks.

Ivorian rivals grapple over local bank funds

Ivory Coast presidential claimant Alassane Ouattara announced on Wednesday the closure of Ivorian branches of West Africa's central bank, saying incumbent Laurent Gbagbo had sought to seize its offices.

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