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US jobs data points to steady economic growthUS job growth likely picked up modestly in January and the unemployment rate held steady, supporting views the economy's sluggish recovery was on track despite a surprise contraction in the final three months of 2012. Non-farm More… |
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Oil slips to $111, growth hopes supportOil eased to $111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline. The crude market rallie More… |
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Superstorm Sandy to dampen US payrollsSuperstorm Sandy likely put a dent in US employment growth in November, temporarily interrupting a recently established trend of modestly rising payrolls. Nonfarm employment is forecast to have increased by a paltry 93,000 jobs la More… |
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Brent above $108 ahead of US jobs dataBrent crude held steady above $108 a barrel on Friday as investors look ahead to key jobs data from the US for more signs of economic recovery, which would lead to better fuel demand. Data from the US and China this week pointed t More… |
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US boost as jobless rate drops to 7.8pcThe US unemployment rate unexpectedly dropped to 7.8 per cent in September, reaching its lowest level since President Barack Obama took office and providing a boost to his re-election bid. The Labour Department yesterday said empl More… |
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Brent dips towards $112 ahead of US jobs dataBrent futures slipped towards $112 per barrel on Friday, but were on course to end a choppy week nearly flat as rising tensions in the Middle East battle with perennial worries about the global economy and oil demand. Strains in t More… |
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Gold on 11-month high, extends gains to 5th dayGold hit an 11-month high of $1,795.69 an ounce on Friday in its fifth day of gains as stimulus measures from major central banks continued to increase its appeal as an inflation hedge. The European Central Bank kept interest rate More… |
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Gold nears 11 month high; eyes US jobs reportGold rose on Wednesday, with prices just shy of recent 11 month highs, as investors awaited a US employment report for signs of recovery in the world's biggest economy. Spot gold was 0.3 per cent higher at $1,778.50 an ounce b More… |
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Brent above $113 ahead of US jobs dataBrent futures steadied above $113 a barrel on Friday ahead of a US jobs report that will gauge the economic health of the world's biggest oil consumer as it considers a release of emergency oil reserves, potentially much larger than the last More… |
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Gold steady before US jobs data; gains likelyGold remained on track for a second straight week of gains on Friday, though it was little changed from the day before as investors waited for more US jobs data to help gauge the health of the world's top economy and provide trading cues. More… |
