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Wall Street money manager Doug Dachille identifies two risk factors for market volatility and argues that unless the Fed has cooked up a new economic therapy to respond to the next bout of deflation, there may be more significant economic morbidity and mortality on the horizon...
Market News
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Ronnie Mansolillo, 17 October 2014, 12:02
MOSCOW--The Bank of Russia sold as much as $12.95 billion in the first half of October to support the ruble as the falling oil prices battered the sanctions-hit Russian economy, the central bank's data showed Friday. The central bank said it pushed the ruble's trading band 30 kopecks higher to 37...
Currency
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Ronnie Mansolillo, 17 October 2014, 09:51
The company's overall operating revenue was NTD57.472 billion, which was about CNY11.6 billion, in the third quarter of 2014, representing record-high quarterly revenue for the history of the company...
Market News
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Sergey Golubev, 17 October 2014, 06:11
10. Suntech Date of Bankruptcy: March 20, 2013 Debts: $1.6 billion The Chinese solar panel manufacturer, one of the world's biggest, was forced into bankruptcy court after the company missed a $541 million payment to bondholders. 9. OGX...
Crude Oil
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[Deleted], 17 October 2014, 03:11
Call it coincidence if you will, but the biggest initial public offering of all time also happened to hit Wall Street the same day the stock market peaked. Almost at the exact moment, actually: Just eight minutes after Alibaba's much-ballyhooed Sept...
Market News
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Ronnie Mansolillo, 16 October 2014, 22:29
By Michael Aneiro The high–yield bond market has been suffering lately, and yesterday’s bizarre, wild ride for bonds and stocks alike didn’t do junk bonds any favors, with that market down another 0.55% yesterday, per a benchmark Bank of America Merrill Lynch index. High yield is now down 1...
Market News
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Ronnie Mansolillo, 16 October 2014, 21:48
WASHINGTON (MarketWatch) — It’s been an ugly month on Wall Street. The selloff that began around Sept. 18 accelerated last week and then turned vicious on Wednesday. The S&P 500 Index SPX, +0.19% is now down nearly 8% from its all-time high in September...
Market News
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Ronnie Mansolillo, 16 October 2014, 21:30
Greek government bond yields spiked beyond 8 percent on Thursday morning, in a sign of growing concern about the country's economic stability given the possibility of snap elections and plans to exit its bailout early. The 10-year note was yielding 8.86 at 11.00 a.m...
Market News
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Ronnie Mansolillo, 16 October 2014, 12:52
The selloff in global markets is set to continue as a bear market takes hold "for a long period of time," according to widely followed investor Dennis Gartman, who warned investors not to go long on stocks...
Market News
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Ronnie Mansolillo, 16 October 2014, 12:22
The European Union's struggle to avoid a period of falling consumer prices suffered a setback in September, as the annual rate of inflation across the bloc's 28 members fell to its lowest level in five years...
Currency
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Ronnie Mansolillo, 16 October 2014, 11:46
MOSCOW--The Bank of Russia continued adjusting the ruble trading band, letting the ruble weaken gradually to new all-time lows, the bank's data showed Thursday. The central bank said it pushed the ruble's trading band 25 kopecks higher to 36.95-45.95 rubles per euro-dollar basket on Wednesday...
Currency
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Ronnie Mansolillo, 16 October 2014, 10:01
The glacier-white PlayStation 4 will ship in the UK on Friday October 17, Sony has confirmed to GameSpot. Retailers appear to be offering these systems at a slight increase in cost, selling each 500GB unit for about £350...
Market News
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Lonny Strike, 16 October 2014, 06:11
The agreement signed by the two parties included amendments to the initial transaction...
Market News
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BlondieNews, 15 October 2014, 21:11 #China
"Trifles make perfection and perfection is not trifle." The major U.S. stock market indexes took a dive Monday, marking a three day downward trend for stocks driven by unease over Federal Reserve monetary tightening and a tumultuous global economy. The S&P 500 closed at 1,875, down 1...
Market News
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TipMyPip, 15 October 2014, 11:17 #stocks
On 13th October, 2014. At 1532ET today (Columbus Day - with half the market absent), someone - apparently having waited to see if the almost 'ubiquitous' 330pm Ramp would occur - decided it was time to dump three-quarters of a billion dollars notional of US equity market exposure in 1 second...
Market News
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TipMyPip, 15 October 2014, 11:06 #stocks
France’s financial markets regulator AMF earlier today published a detailed report on the results of trading of French individual investors in the Forex and CFD markets, with the data showing that cumulative losses for a period of five years exceed EUR 161 million...
Currency
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Osiris, 15 October 2014, 10:38
SAN FRANCISCO (MarketWatch) -- Researchers at Google Inc. GOOG, +0.89% GOOGL, +0.72% have discovered a vulnerability in widely used encryption technology, Reuters reported late Tuesday, citing a Google spokesman. The bug affects SSL 3.0 protocols, according to the report. Google Class A GOOGL, +0...
Market News
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Ronnie Mansolillo, 15 October 2014, 09:24
SAN FRANCISCO (MarketWatch) — Tech stocks delivered a mostly upbeat trading performance Tuesday, as the sector prepared for an onslaught of earnings reports. Intel INTC, +2.13% , which kicked off the tech results, saw shares rise more than 2% to close at $32.14...
Market News
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Ronnie Mansolillo, 15 October 2014, 09:17
The UK government has today successfully issued a sovereign bond in China’s currency, the renminbi (RMB), becoming the first western country to do so and issuing the largest ever non-Chinese RMB bond...
Market News
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Osiris, 15 October 2014, 07:38
Deutsche Bank is losing some of its strongest financial performers amid a clampdown on bad behavior by traders, as the lender faces ongoing probes by global regulators into allegations of attempts to rig markets...
Market News
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Lonny Strike, 15 October 2014, 03:11