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U.S.-based stock funds reap $8.9 bln as stock markets climb -Lipper
ReutersBy Sam Forgione NEW YORK, May 16 (Reuters) - Investors in funds based in the United States poured $8.9 billion into stock funds in the latest week, the most in nine weeks as the S&P 500 continued to hit new record highs, data from Thomson Reuters'...Tags: Bank of America Corp., Money and Monetary Policy, Mutual Funds, Economy, Business and Finance, Finance
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PRECIOUS-Gold edges up, headed for worst week in a month
ReutersSINGAPORE, May 17 (Reuters) - Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, sending holdings in exchange-traded funds to the...Tags: Metal, Singapore, Casino and Gambling Industry, Gold and Precious Material, Money and Monetary Policy
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GLOBAL MARKETS-Dollar firmer on Fed remarks, Asian shares mixed
Reuters* Dollar index claws higher, hovers near 10-month peak * San Francisco Fed's Williams says Fed may end QE this year * Nikkei pares earlier losses; Philippine shares sag * MSCI Asia Pacific ex-Japan edges lower By Masayuki Kitano SINGAPORE, May 17...Tags: Singapore, Foreign Exchange Market, Japan, Federal Reserve, Stock Market
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GLOBAL MARKETS-Dollar near 10-mth peak on Fed remarks, Asian shares mixed
Reuters* Dollar index claws higher, hovers near 10-month peak * San Francisco Fed's Williams says Fed may end QE this year * Nikkei and Chinese shares rise; Philippine equities sag * MSCI Asia Pacific ex-Japan edges lower By Masayuki Kitano SINGAPORE, May...Tags: France, Singapore, Germany, Foreign Exchange Market, Japan
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GLOBAL MARKETS-ECB rate cut talk pressures euro, lifts Bunds
Reuters* Euro slides 0.2 against dollar on rate cut talk * European shares steady near multi-year highs * Euro zone inflation data to reinforce policy easing view By Richard Hubbard LONDON, May 16 (Reuters) - The euro slipped against the dollar and German...Tags: Inflation and Deflation, Credit Ratings, Japan, Foreign Exchange Market
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GLOBAL MARKETS-Weak euro data, central bank support bolster dollar, shares
Reuters* Euro slides 0.1 against dollar after weak euro zone inflation * Data reinforces expectations of monetary policy easing * European shares dip but still near multi-year highs * Japanese growth spurt 'proves Abenomics is working' By Richard Hubbard...Tags: China, Money and Monetary Policy, ING Group, Economy, Business and Finance, Central Bank
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RPT-ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
Reuters(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...Tags: Gross Domestic Product, Budgets and Budgeting, Real Estate, Mortgages, Economy, Business and Finance
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Japan sees results from 'Abenomics' growth strategy, as GDP jumps 3.5 pct, beating forecasts
AP Business WriterTOKYO (AP) — Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise....Tags: Prices, Consumer Confidence, Demonstration, Gross Domestic Product, Debt Market
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US STOCKS-Futures flat with data on tap; Cisco jumps
Reuters* Cisco jumps after earnings, outlook * CPI, housing starts, jobless claims data on tap * Futures: Dow up 3 pts, S&P flat, Nasdaq up 2 pts By Chuck Mikolajczak NEW YORK, May 16 (Reuters) - U.S. stock index futures were little changed on Thursday,...Tags: Prices, Consumer Confidence, Weather Reports, NASDAQ, New York Weather
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GLOBAL MARKETS-Weak U.S. data sends dollar lower, Wall St seen down
Reuters* Dollar reverses gains against euro and yen * Data shows surprises weakness in labour and housing markets * European shares flat but still near multi-year highs * Japanese growth spurt 'proves Abenomics is working' By Richard Hubbard LONDON, May...Tags: Prices, China, Unemployment Benefits, Money and Monetary Policy, Central Bank
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ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
ReutersBy Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that - and provide another leg...Tags: Gross Domestic Product, Budgets and Budgeting, Real Estate, Mortgages, Economy, Business and Finance
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GLOBAL MARKETS-Upbeat Japan GDP brings some Asia cheer, but Nikkei misses out
Reuters* Nikkei turns negative as momentum stalls * Chinese and South Korean shares push higher * Japan's Q1 growth beats forecasts * Euro in doldrums after dour euro zone economic data By Ian Chua SYDNEY, May 16 (Reuters) - Most stock markets in Asia edged...Tags: Morgan Stanley Dean Witter & Company, Asia, Weather Reports, Germany, DAX
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