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Commodities News

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  Japan doubles bank package

  Wednesday 17 Mar 2010

  Japan has boosted its stimulus efforts in an attempt to invigorate its stagnating economy after growth figures for the last quarter of 2009 were revised downwards. Read More

• Commodities: Oil rises over 2% as dollar falls

  Wednesday 17 Mar 2010

  Crude oil rose over 2% on Tuesday as the Federal Reserve kept interest rates unchanged and pledged they would be kept close to zero for an extended period of time. Read More

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  EU makes more vague promises to help Greece

  Tuesday 16 Mar 2010

  European countries have made yet more vague promises to help debt laden Greece if needed. Read More

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  German economic expectations fall again

  Tuesday 16 Mar 2010

  The ZEW Indicator of Economic Sentiment for Germany declined for the sixth straight month in March. Read More

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  Euro zone inflation eases

  Tuesday 16 Mar 2010

  Consumer prices in the euro zone rose 0.3% from January, figures published by the European Union statistics office Eurostat showed on Tuesday. Read More

• Commodities: Oil down for second day

  Tuesday 16 Mar 2010

  Oil prices fell for the second day running to below $80 a barrel amid fears that China will take further measures to cool the country's growth. Read More

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  EU ready to propose 'framework' to help Greece

  Monday 15 Mar 2010

  European Union leaders look set to propose a 'framework' to help Greece overcome its debt crisis. Read More

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  Euro zone employment down 0.2%

  Monday 15 Mar 2010

  Euro zone employment fell by 0.2% in the fourth quarter, new figures showed on Monday, better than expectations of a 0.5% drop. Read More

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  Euro zone ministers gather for Greece meeting

  Monday 15 Mar 2010

  Euro zone finance ministers are today gathering for a two-day meeting in Brussels to discuss to seek a way of helping Greece overcome its debt crisis. Read More

• Commodities: Weak consumer confidence erodes demand

  Monday 15 Mar 2010

  Oil prices finished 1% lower on Friday as traders mulled a mixed batch of economic data. Read More

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  IAE ups oil demand estimates

  Friday 12 Mar 2010

  Expectations of strong growth in China and other fast-growing economies prompted the International Energy Agency (IEA) to raise its forecasts for global oil demand for 2009 and 2010. Read More

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  Euro zone industrial output spikes

  Friday 12 Mar 2010

  Euro zone industrial production saw its strongest monthly gain on record in January, providing some welcome good news for the region. Read More

• Commodities: Little change on oil markets

  Friday 12 Mar 2010

  Oil prices nudged up a couple of cents Thursday as the slightly weaker dollar cancelled fears that the latest increase in Chinese inflation will lead to further monetary tightening and lower demand. Read More

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  China inflation picks up pace

  Thursday 11 Mar 2010

  Consumer price inflation (CPI) accelerated rapidly in China in February, fuelling speculation that the government will call ease stimulus measures. Read More

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  Japan growth weaker than thought

  Thursday 11 Mar 2010

  Japan’s economy grew less than previously thought in the last quarter of 2009, new figures show, demonstrating that recovery in the Asian country may be weaker than thought. Read More

• Commodities: Oil rises after inventory report

  Thursday 11 Mar 2010

  Crude oil rose above $72 a barrel after the government’s weekly inventory report showed a smaller than expected increase in crude supplies. Read More

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  China exports soar

  Wednesday 10 Mar 2010

  Exports from China rose by 46% from a year ago in February as the east Asian economic powerhouse continued its recovery from last year’s global economic downturn. Read More

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  German exports unexpectedly drop

  Wednesday 10 Mar 2010

  German exports unexpectedly fell in January following four months of gains, official figures showed on Wednesday. Read More

• Commodities: Oil pressured by stronger dollar

  Wednesday 10 Mar 2010

  Crude oil prices slipped on Tuesday pressured by a stronger dollar. Read More

• FX round-up: Dollar little changed in choppy session

  Tuesday 09 Mar 2010

  The dollar gained a bit of ground on Monday as risk appetite faded following Friday’s upbeat jobs data and as traders await for more news about Greece’s ability to resolve its debt crisis. Read More