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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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • German exports unexpectedly drop

    Wednesday 10 Mar 2010

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

  • Commodities: Oil pressured by stronger dollar

    Wednesday 10 Mar 2010

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

  • 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.

  • Commodities: Oil gains on economic hopes

    Tuesday 09 Mar 2010

    Crude oil settled modestly higher on Monday following last week’s better than expected US jobs report and as concerns about Greece’s debt problems fade.

  • China hints yuan policy change

    Monday 08 Mar 2010

    Zhou Xiaochuan, the governor of the People’s Bank of China, has hinted that China could abandon the yuan's unofficial peg to the dollar.

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