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Weak dollar helps Wall St surge

London : United Kingdom | 2 months ago  
Views: 18
The dollar dropped to almost one-year lows against the euro and several other currencies, boosting commodity prices. In official economic news US industrial output advanced for a second consecutive month in August. Higher petrol costs pushed up consumer prices, but economists say the risk of inflation...
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  • News Source: Japan Today | 2 months ago
    Japanese Prime Minister Yukio Hatoyama’s government envisions. The 225-issue Nikkei Stock Average gained 173.03 points from Wednesday to 10,443.80. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was weighed down by...
  • News Source: The Courier-Mail | 2 months ago
    Article from: AAP September 17, 2009 04:40pm THE share market has continued its strong momentum, closing up more than 1.3 per cent, as a broad-based rally swept across the sectors. The benchmark S&P/ASX200 index closed up 64.5 points, or 1.39 per...
  • News Source: Xtra News | 2 months ago
    Rally on recovery hopes continues in NZ sharemarket Thursday September 17, 06:36 PM The New Zealand sharemarket posted solid gains today, reflecting the ongoing rally in global equity markets . In the US, stocks rose for a third day, hitting fresh...
  • News Source: The Irish Times | 2 months ago
    The stock decline, pegged to slowing imports, came a day after data from the American Petroleum Institute showed a sharp build up in gasoline and distillate stocks -- a combination that analysts say could hurt the profitability of US oil refiners.
  • News Source: Houston Chronicle | 2 months ago
    Energy prices jumped sharply Wednesday on new indications of economic activity that could renew demand for oil, gasoline, and natural gas. Prices began to rise early Wednesday after the government reported a large drop in crude supplies. Benchmark...
  • News Source: Newstalk ZB | 2 months ago
    Sky City Entertainment down 1c to $3.22 and South Port NZ down 55c to $2.25. The dollar is buying 71.31 US cents, 81.57 Australian cents, 48.43 euro cents, 64.96 yen and 43.25 pence. The 90 day bank rate is 2.78 percent and the TWI is at 64.80.

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