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Around the markets: Regional stockmarkets generally higher

The Australian All Ords index has gotten a big boost from the strong GDP numbers and the encouraging Chinese PMI. Australian shares are 1.8% higher, the Korean Kospi is +1.3% and the Nikkei and Hang Seng are around 0.5% higher.

Oil has risen by 0.5% after the overnight sell-off, currently at $72.25/bbl and Gold is steady after big gains overnight, currently trading at $1248/oz.

By Sean Lee  || September 1, 2010 at 03:44 GMT
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Around the markets: Stocks lower across the region

The Nikkei is -2.6%, the Kospi is -1.1%, and both HK and Shanghai are -0.7%.

Gold is steady on the day $1239/oz and the oil price is 0.75% lower at $74.25/bbl.

By Sean Lee  || August 31, 2010 at 03:08 GMT
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Iron ore prices slide on lower demand from China

Iron ore prices have fallen for the third straight day, Reuters is reporting, as demand from the main buyer, China, wanes.

This will decrease demand for the commodity currencies like AUD and CAD.

By Sean Lee  || August 27, 2010 at 02:21 GMT
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Very quiet trading conditions continue

Regional Asian sharemarkets are hovvering around being flat for the session and the FX market is also lacking conviction. The AUD/USD is setting about closing this morning’s gap back to .8940 and the other majors are jogging on the spot. Gold is flat at $1230/oz and oil is also unchanged, trading just below $74/bbl.

By Sean Lee  || August 23, 2010 at 01:22 GMT
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Around the markets: Shares extend losses

European bourses are around 1% lower on average, the oil price has fallen by just under 1% to $73.75 and Gold has slipped $3 to $1233/oz.

By Sean Lee  || August 20, 2010 at 10:41 GMT
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Around the markets: Stocks generally higher

European bourses are higher for the morning session, by about 0.5% on average. Gold is trading quietly at $1230/oz, consolidating its gains from recent days. Oil is 0.5% higher on the day at $76/bbl.

By Sean Lee  || August 19, 2010 at 10:31 GMT
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Around the markets: Equities slightly lower

The FTSE is -0.25%, the DAX is flat and the CAC -0.75% as the morning session drifts to a close. Gold is continuing with it’s recent rally, up 0.7% on the day to $1225/oz.

The FX market is relatively quiet with the major pairings oscillating inside 30 pip ranges although the USD is generally weaker on the day.

By Sean Lee  || August 16, 2010 at 10:23 GMT
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Russia May Extend Grain Export Ban After Dec 31

Earlier headline on reuters

By David Horton  || August 9, 2010 at 10:32 GMT
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Around the markets: Nikkei -1.1%, other regionals slightly higher

HK and Seoul are flat but Sydney is 0.35% higher and Shanghai is +0.6%. Gold is slightly higher at $1206/oz and oil is at $81/bbl.

By Sean Lee  || August 9, 2010 at 03:15 GMT
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Around the markets: Equity markets rebounding modestly

The Hang Seng is 1% lower after an hour of trade, the Australian All Ords is 1.2% lower but the Kospi has regained much of the early losses and is now only 0.2% lower. Gold is trading at $1193/oz and oil at $75.50/bbl.

By Sean Lee  || July 19, 2010 at 03:01 GMT
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