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Dow’s Black Friday: Up 100 Points

by Forex Rooton November 23, 2012 4:55 pm GMT
By ALEXANDRA SCAGGS NEW YORK—The Dow industrials posted a triple-digit rise, led by rebounds from a trio of tech stocks, in an abbreviated session following the Thanksgiving holiday. It’s Black Friday, and retailer stocks have outperformed the broader market. Chris Dieterich reports on Markets Hub Chris Dieterich has details on The News Hub. Volumes are […]

EMERGING MARKETS-Brazil real seesaws in Mantega, Tombini tug of war

by Forex Rooton November 23, 2012 4:05 pm GMT
Fri Nov 23, 2012 11:05am EST * Real weakens to 2.11/dlr as Mantega says FX rate 'reasonable' * Central bank calls swap auction, props real back to 2.09/dlr* Markets wonder whether new informal band ceiling at 2.12By Walter Brandimarte and Natalia CacioliRIO DE JANEIRO, Nov 23 (Reuters) - The Brazilian real temporarily weakened past

UPDATE 2-Canada inflation holds steady in October at 1.2 pct

by on November 23, 2012 2:03 pm GMT
Fri Nov 23, 2012 9:03am EST * 12-month gains in gasoline and electricity prices slower* Prices rise in all CPI components except clothing, footwear* Core inflation unchanged from September at 1.3 pct* Bank of Canada to stay on sidelines - economic analystOTTAWA, Nov 23 (Reuters) - Canadian inflation was slightly stronger than expected in October as

Euro rises to fresh three-week high after German IFO

by Forex Rooton November 23, 2012 9:20 am GMT
LONDON | Fri Nov 23, 2012 4:20am EST LONDON Nov 23 (Reuters) - The euro rose to a three-week high against the dollar while European stocks trimmed losses on Friday after German IFO numbers showed a surprise improvement in business sentiment. The euro touched a fresh three-week high of 1.2913 from $1.2880 before