Regions News
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U.K. producer prices rose in July as food and clothes costs surged, pushing the annual rate to the fastest since October 2008.
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Chairman Ben S. Bernanke and his Federal Reserve colleagues are preparing to meet next week as two-year Treasury yields at a record low signal a U.S. economy on the knife’s edge between growth and contraction.
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The rand headed for its worst week versus the dollar since May as weaker U.S. economic data and Europe’s debt crisis heightened the risk of a global recession, sapping demand for riskier, emerging-market assets.
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Prudential Plc, the U.K.’s biggest insurer by market value, said first-half profit rose 25 percent on increased revenue at its Asian and U.S. units.
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EQUITY INDEXES
Dow |
11,383.70 | -512.76 | -4.31% |
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DAX |
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Nikkei |
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Hang Seng |
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EURO |
1.4154 | +0.0062 | +0.44% |
JAPANESE YEN |
78.4823 | -0.4037 | -0.51% |
COMMODITIES
HEATING OIL |
288.34 | -1.05 | -0.36% |
Gold |
1,665.10 | +6.10 | +0.37% |
CORN |
690.00 | -11.50 | -1.64% |
BONDS
U.S. 3-month |
0.000% | -0.005 |
U.S. 2-year |
0.272% | +0.017 |
U.S. 10-year |
2.399% | -0.003 |
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