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Australian GDP Disappoints In First Quarter After RBA Talks Down the Aussie
Wednesday, June 5, 2013 - 9:01am | 391The Australian economy expanded slower than expected in the first quarter reports out late Tuesday showed. The report comes just one day that the Reserve Bank of Australia, the nation's central bank, talked down the currency as the bank left open "scope for further easing" should the economy worsen...
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Benzinga Market Primer: Wednesday, June 5: Services PMI Day
Wednesday, June 5, 2013 - 6:31am | 1285Futures Slightly Lower on Global Economic Data U.S. equity futures traded slightly lower in early Wednesday trade after stocks broke the 20-Tuesday winning streak yesterday. Markets eye key economic reports from around the world heading into trading Wednesday as global service PMIs are due out...
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Benzinga Market Primer: Tuesday, June 4
Tuesday, June 4, 2013 - 6:25am | 1359Futures Marginally Lower Ahead of Quiet Day U.S. equity futures traded marginally lower after Monday's gains heading into a quiet day both on the earnings and economics calendars. Should the S&P 500 post gains today, it would mark the 21st consecutive Tuesday of gains. Top News In other news...
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Weekly Preview: Non-Farm Payrolls, Global PMIs In Focus
Friday, May 31, 2013 - 4:38pm | 2017In the upcoming week, all eyes will be on key economic data both domestically and around the world and markets will be especially sensitive to the effect of these data points on Fed policy. Concerns over Fed tapering its Quantitative Easing program sent markets whip-sawing in the previous week and...
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Benzinga Market Primer: Wednesday, March 6
Wednesday, March 6, 2013 - 7:31am | 940Futures Higher on Global Services Data U.S. equity futures rose in the pre-market after the Dow Jones Industrial Average posted a new all time closing high and on the back of stronger than expected services PMIs around the world. Notably, the ISM Non-Manufacturing Index in the U.S. beat...