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Greece Reaches Austerity Deal

Greece has reached an austerity deal. Leaders have announced that a deal has been reached, and that Greece will avoid a default in March. The news ha[...] read more »
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Oil Prices Edge Higher, But Likely to End the Week Lower

Oil prices are edging higher, but it's probably not enough to end the week higher. Indeed, oil prices have dropped quite a bit this week, falling to[...] read more »
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US Stocks Struggle to Hold Gains

US stocks are struggling to hold their meagre gains today as early trading is under way. US jobless claims fell last week, and that is helping the st[...] read more »
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European Commission Says No to Boerse-NYSE Euronext

After weeks of negotiating with European Union officials, two stock exchanges have been told that they can't merge. Deutsche Boerse and NYSE Euronex[...] read more »
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Russia Announces that the Aussie will be a Reserve Currency

Russia's central bank will start using the Australian dollar as a reserve currency as early as February. read more »
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Gold Prices Tank in Commodities Trading

Gold prices are tanking today in commodities trading, falling toward the $1,600 level. Gold is sliding as the US dollar gains strength on disappointi[...] read more »
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German Investor Confidence Helps European Stocks

German investor confidence somes in higher than expected, helping European stocks recover. read more »
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European Countries Receive Downgrade Warning from Moody's

European countries are about to be reviewed by Moody's, and they could receive downgrades. read more »
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US Stocks Surge on European Agreement

US stocks are surging on the European agreement just reached today. In early afternoon trading, the Dow is up more than 170 points. read more »
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What's Next for Britain and the European Union?

The big news today is that Britain has rejected the latest EU fiscal rules -- and the fact that the Union would be able to tinker with budgets not up[...] read more »
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European Markets Gain on Optimism

European markets gain as hope for eurozone solution rises. read more »
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Central Banks Band Together to Increase Liquidity

Central banks from around the globe have joined together in a policy designed to increase liquidity in an effort to avoid a credit market squeeze and[...] read more »
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Italian Bond Auction Considered a Success

The recent Italian bond auction was a success, raising an amount of money near the upper target. Even though Italian bond yields were at record highs[...] read more »
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US Dollar Falls Back as Risk Appetite Returns on Holiday Shopping

US dollar is heading lower on the Forex market today as risk appetite returns. Last week was all about eurozone weakness and sovereign debt struggles[...] read more »
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OECD Thinks the Eurozone is in a Mild Recession

The OECD thinks the eurozone is in a mild recession, but the 17-nation currency is gaining ground anyway. read more »
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