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Forex news - Google News
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05/16/2008 11:59 AM
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Midday Market Recap: Nymex Crude and Canadian Dollar Up (CEP News)
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(CEP News) - Nymex hit another all-time high of $127.82 per barrel. The Canadian dollar is above parity and U.S. fixed income markets are up following a weak University of Michigan consumer sentiment survey for May. Equities are mixed, yields on U.S. 10-year Treasury notes are down 1.9 bps to 3.80% and Canadian 10-year CGBs are up 1.0 bps to 3.57%.
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05/16/2008 11:52 AM
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Midday News Recap: Strong U.S. Housing Starts, Weak Rtrs/U of M Cons Sentiment (CEP News)
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(CEP News) - Upward surprises in housing starts and building permits, along with negative results from April's Reuters/University of Michigan's consumer sentiment report and March Canadian motor vehicle sales, were some of the highlights on Friday morning. These results followed an overnight full of ECB-speak and greater-than-expected Japanese Q1 GDP.
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05/16/2008 11:44 AM
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Commodities up as Crude Hits Another Record High (CEP News)
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(CEP News) - Going two consecutive days without hitting a record high was enough, as Nymex crude passed $127.00 per barrel for the first time on Friday on anticipation for a price hike to $141 in the second half of the year.
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05/16/2008 11:05 AM
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BMO Predicts Gradual Reduction in Crude Prices (CEP News)
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(CEP News) Ottawa - One of Canada's major banks issued a report Friday suggesting the rapid run-up in crude oil prices is nearing an end.
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05/16/2008 10:49 AM
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Mid-Morning Market Recap: U.S. Fixed Income Futures Up, Crude Hits All-Time High (CEP News)
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(CEP News) - Nymex oil was still up, $2.69 per barrel to $126.81, but is on the decline after reaching another all-time high of $127.82. U.S. fixed income markets are up following a soft University of Michigan consumer sentiment survey. Equities are declining as yields on U.S. 10-year Treasury notes are down 2.3 bps to 3.79% and Canadian 10-year CGBs up 1.2 bps to 3.57%.
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