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#PreMarket Primer: Monday, April 7: World Bank Lowers China's 2014 Growth Forecast
Monday, April 7, 2014 - 6:59am | 1015On Monday, the World Bank revised its growth expectations for the developing East Asia and Pacific region down to 7.1 percent for 2014 and 2015 from its previous forecast of 7.2 percent growth. The bank also trimmed its growth expectations in 2014 for China from 7.7 percent to 7.6 percent,...
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Russian Declaration Of War Could Drive Oil Prices Even Higher
Monday, March 3, 2014 - 8:23am | 295Brent crude oil was lifted by uncertainty in Ukraine and the threat of a Russian invasion. The commodity traded at $110.78 at 7:40 GMT and may have the potential to surge even higher as the situation plays out. Over the weekend, Russian President Vladimir Putin announced his right to invade...
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Euro Could Start Feeling The Effects Of Uncertainty In Ukraine
Thursday, February 27, 2014 - 8:48am | 329The euro was steady against the dollar and traded at $1.3682 at 6:45 GMT on Thursday morning. The common currency held its ground against an improving dollar which reached a two week high in the early hours of Thursday. Investors have been flocking to the greenback as a safe haven while...