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| FOREX Reports |
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East Asia currency bonds rise by 14.8 percent |
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According to November issue of Asia Bond Monitor, published by the ADB, outstanding local currency bonds in East Asia stood at $4.2 trillion at the end of September 2009, up 14.8 per cent over 12 months. |
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Greenback mixed in European trade |
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The dollar showed mixed trading against its major counterparts in early European trade Tuesday as investors look forward to the U.S. government's revised figures for third-quarter gross domestic product. |
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Euro edges higher against dollar, yen |
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European single currency unit, the euro advanced further against major currencies Tuesday after the release of the German November IFO report.
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| Technical Calls |
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Gold bull run fundamentals strong: Deutsche Bank |
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Now analysts at Deutsche Bank have suggested in a new research report that the fundamentals are in place for gold to enjoy further gains until at least the end of the year. |
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Investors increasingly betting on gold, silver |
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A leading British bank says that the case for Investing in Gold is becoming "increasingly compelling". In its latest Commodities Quarterly report, Standard Chartered highlighted growing central-bank buying and heightened retail interest as positive d |
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Gold bull run to continue in 2010: Standard Bank |
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Standard Bank, the largest bank in Africa says strong physical demand for buying gold should continue for the rest of the year. Gold prices have been regularly breaking their all-time highs in recent weeks through a combination of rising investment p |
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Despite a little strength in US dollar, the gold futures surged in London and Asian trades on Tuesday. |
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Crude oil prices remained under pressure in the mid London trades Tuesday as the US dollar edged up slightly against the Euro. |
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State run trading firm PEC Ltd has invited bids from local traders to import 2500 metric tonnes of crude soy oil to be delivered during December 1 to 15 Argentina or Brazil. |
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