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The IMF: Too Optimistic
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 - Apr 24, 2014

The International Monetary Fund (IMF) has lowered its growth forecast for the global economy. It says the world economy will now grow by 3.6% in 2014 and 3.9% in 2015; it grew at three percent in ...

 
Global Growth Is Picking Up – So Are Geopolitical Tensions
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 - Apr 24, 2014

The IMF recently published its latest outlook for the global economy. In summary, the IMF economists state the following: The global recovery is expected to strengthen, led by advanced economies. ...

 
Emerging Markets: What’s Changed?
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 - Apr 24, 2014

Talks in Geneva have not yielded a de-escalation of the Ukraine crisis Net foreign equity inflows into Korea for the year have turned positive just this week The Chinese government has moved forward ...

 
The CPCE: Time To Be Alarmed?
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 - Apr 24, 2014

Monitoring purposes S&P 500: Sold SPX on 4/1/14 at 1885.52 = gain 1.78%; Long SPX on 3/26/14 at 1852.56. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor ...

 
Stock Market Outlook: Slow Momentum
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 - Apr 24, 2014

Upcoming US Events for Today: Durable Goods Orders for March will be released at 8:30am. The market expects a month-over-month increase of 2.0% versus an increase of 2.2% previous. Excluding ...

 
Will The Weak Housing Market Pinch The Economy?
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 - Apr 24, 2014

The latest batch of housing numbers offer a mixed view at best for this key sector. The March data for new housing starts and residential building permits are above their recent lows, but the gains ...

 
German IFO Surprises To The Upside
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 - Apr 24, 2014

Forex News and Events: EUR Supported by Growing Confidence The news flow out of Europe for the last few weeks has been decidedly positive. Despite the fact that inflation itself has not improved, we ...

 
European Markets Up After Groundbreaking Earnings From Apple
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 - Apr 24, 2014

The bulls finally gave up yesterday after a six-day rally and Wall Street finished lower. The lower finish was mainly due to the weak economic data released in the country. Moreover, a six-day ...

 
Emerging Markets Drop, Ukraine Impact Still Limited
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 - Apr 24, 2014

Dollar De Facto Winner in a Reemerging Currency War? Value in the currency world is assessed on a relative basis. A simple improvement or decline in one unit’s fundamental backdrop does not ...

 
USD: Going Nowhere Quickly
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 - Apr 24, 2014

The US dollar is little changed, though with a slightly heavier tone against most of the majors and emerging market currencies. Weekly initial jobless claims and durable goods orders today are ...

 
Daily Forex And Dow Jones Recommended Levels: April 24, 2014
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 - Apr 24, 2014

EUR/USDToday’s support: - 1.3805 and 1.3788(main), where correction is possible. Break would give 1.3764, where correction also may be. Then follows 1.3747. Break of the latter would result in ...

 
Status Report On The US Economy: Stand By For The Boom
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 - Apr 24, 2014

Summary: It’s time for another look at the US economy. Economists have lots of enthusiasm. Lots of bad news, blamed on the severe winter that hit much (but not all) of America. It’s Spring. Has the ...

 
Ambrose Evans-Pritchard
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 - Apr 24, 2014

Spending by the US federal government has seen the steepest drop as share of national income since demobilisation after the Second World War.Claims that President Barack Obama is bankrupting America ...

 
Keystone Pipeline And The Loonie
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 - Apr 24, 2014

• Keystone pipeline delayed again• Bank of Canada talks down Loonie• US dollar index trending higher intraday Various FX markets have been chopped and diced like vegetables at a ...

 
German Ifo, French Business Climate, US Jobless
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 - Apr 24, 2014

France Business Climate Indicator (06.45 GMT): Business activity in the Eurozone touched a three-year high in the April flash estimate of Markit’s Composite PMI. The upbeat report doesn’t ...

 
Danske Daily: German IFO Expectations Due For Release  
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 - Apr 24, 2014

German IFO expectations are due for release. We expect a decline for a third consecutive month although the level is set to remain high. The current assessment component is likely to continue to ...

 
Market Roundup: AUD/USD Target 0.925
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 - Apr 24, 2014

Market Roundup: The New Zealand dollar saw the most action following RBNZ decision to increase rates by 25bps to 3%. NZDJPY jump 0.4%. The markets had already priced in the rate hike but the ...