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Oil Prices, India’s Inflation, Panama Canal and Bank Lending in Our News for Today 06/14/2013

Fri, 06/14/2013 - 06:41 EDT

daily markets round-up

Oil prices decreased today as investors awaited the announcement of US industrial production data. Wholesale inflation in India decreased for a fourth consecutive month in May, reaching a three-year low of 4.70%, compared to 4.89% in April. Chinese magnate Wang Jing has hired the some of the most experience specialists for the construction of the multibillion project rival of the Panama Canal. BDRC Finance Monitor research showed that the number of companies using banking loans have decreased to a record low.

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Stock futures tick up, all eyes on Fed NEW YORK (Reuters) - Stock futures edged higher on Tuesday, trading in a tight range ahead of the start of a highly Oil prices stay steady before 2-day US Fed meeting BANGKOK (AP) — The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited... Oil prices fall toward $97 before US Fed meeting BANGKOK (AP) — The price of U.S. benchmark oil fell slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited... Financial Stocks: Financial stocks rise ahead of Fed meeting Financial stocks are up on Tuesday, ahead of the Federal Reserve policy setting committee meeting and Chairman Ben Bernanke’s press... more ...	China builds world's fastest supercomputer Chinese scientists announced that China has once again built the world's fastest supercomputer, capable of performing 33.86 quadrillion... China bytes back with fastest computer China is back on top of supercomputing world with the operation of Tianhe-2, world's fastest computer. DEUTSCHE BANK: Oil Prices Will Go Nowhere For Years Everyone knows the commodities supercycle is coming to an end as a result of slowing demand in China. In a new note, Deutsche Bank's... China's fastest-growing cities for multi-millionaires The population of multi-millionaires in little-known Chinese cities is growing at a breakneck pace, according to new research from... more ...	Court appoints lead plaintiff in shareholder lawsuit against SAC Court appoints lead plaintiff in shareholder lawsuit against SAC (Reuters) - A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC... Court appoints lead plaintiff in shareholder lawsuit against SAC A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a... Google To Surveillance Court: It's Our First Amendment Right To Publish Government Requests SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers... more ...
Platinum 'Supply Squeeze' Likely To Lead to Record Prices Today’s AM fix was USD 1,378.50, EUR 1,030.35 and GBP 880.32 per ounce. Yesterday’s AM fix was USD 1,386.00, EUR 1,038.59 and GBP 881.... Liquidity Detox: Prepare for the Shakes Volatility is back, and unpacking for a long stay. June will set a 2013 record for days with 100-point swings, and the Vix is headed north... Goldman Slams Abenomics: "Positive Impact Is Gone, Only High Yields And Volatility Remain; BOJ Credibility At Stake" While many impartial observers have been lamenting the death of Abenomics now that the Nikkei - essentially the only favorable indicator... UK inflation climbs to 2.7pc in May on record jump in air fares The squeeze on household incomes tightened in May as a record jump in air fares and stubbornly high petrol prices pushed inflation up to 2.... more ...	U.S. inflation rise points to firming economy WASHINGTON — U.S. consumer prices rose in May and a gauge of underlying price pressures showed signs of stabilizing after a long decline, a... Consumer prices nudge up in May, but inflation remains tame WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year... UK inflation rises to 2.7% UK inflation rate rises to 2.7% The rate of consumer price inflation (CPI) increased to 2.7% in May, up from 2.4% in April, the Office for National Statistics (ONS) says. more ...	Cameron promises biggest bilateral deal in history as free trade talks open David Cameron held out the prospect of Europe and the US concluding the “biggest bilateral trade deal in history” after... David Cameron: Trade Deal Could Be Biggest Ever ‘A rather serious setback for Canadian trade’: Harper ends EU trip unable to clinch deal Prime Minister Stephen Harper concludes his eight-day European trip unable to complete a trade agreement with the European Union, just as... Instead of Free Trade, Have the Transatlantic Trade Talks Has the intellectual debate about free trade been won? The close-to-consensus answer among several scholars discussing that question at... more ...

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Oil Prices, India’s Inflation, Panama Canal and Bank Lending in Our News for Today 06/14/2013

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