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Brent Moves Following Crimean Vote
Monday, March 17, 2014 - 7:25am | 354Brent crude oil settled above $108 after Ukraine's Crimean peninsula voted to leave Ukraine and join Russia over the weekend. The commodity traded at $108.08 at 5:51 GMT as investors worried about the possibility of supply interruptions due to the deepening crisis in Ukraine. More than 95...
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Euro Resilient Despite Deepening Crisis In Ukraine
Monday, March 17, 2014 - 7:24am | 371The euro held on to its strength over the weekend even as tension between Ukraine and Russia escalated. The common currency traded at $1.39 at 5:45 GMT on Monday morning after economic data from the bloc supported the European Central Bank's view that the region was headed towards sustainable...
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#PreMarket Primer: Monday, March 17: Crimea Votes To Secede
Monday, March 17, 2014 - 7:20am | 1120On Sunday, more than 95 percent of Crimeans voted to leave Ukraine and join Russia in a move that deepened tension between Russia and world leaders. Now that the decision has been made, many wonder if Moscow will annex the small peninsula within a matter of weeks, or take its time to conduct...
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Benzinga Weekly Preview: Share Markets Have A Tough Road Ahead
Friday, March 14, 2014 - 5:41pm | 2438Equity markets have taken a beating recently, and the trend looks set to continue next week. With economic data thin next week, the standoff between the West and Russia is likely to drive prices. Moscow has ramped up its military presence in and around Ukraine and Crimea being annexed over the...
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Top Trending Tickers On StockTwits For March 14
Friday, March 14, 2014 - 9:40am | 747Here's a look at the top tickers trending on StockTwits.com. Teva Pharmaceutical: CEO hosts UK and Israeli leaders Teva Pharmaceuticals (NASDAQ: TEVA) announced a collaboration between Teva and the United Kingdom Government's National Health Service National Institute for Health Research (NIHR)...
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Brent Below $108 Heading Into The Weekend
Friday, March 14, 2014 - 7:45am | 296Brent crude oil retreated below $108 on Thursday as investors turned their attention from Ukraine to China, where poor data confirmed the nation's economic slowdown. The commodity traded at $107.48 at 7:00 GMT on Friday morning as investors waited for new developments in the icy relationship...
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#PreMarket Primer: Friday, March 14: Ukraine Prepares For Armed Combat
Friday, March 14, 2014 - 7:34am | 1140With tensions between the West and Russia at an all time high after Russian forces seized Ukraine’s Crimean peninsula, Ukraine’s interim government has asked the US for military aid. The request included arms, ammunition and intelligence, but US President Barack Obama has been firm in his...
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Brent Steady On Unfolding Ukrainian Crisis
Thursday, March 13, 2014 - 7:31am | 295Brent crude oil traded at $108.15 at 6:08 GMT on Thursday morning as investors looked to the crisis in Ukraine where Western officials made last ditch efforts to prevent Russia from annexing the nation's Crimean peninsula in a vote set to take place over the weekend. The commodity was also...
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#PreMarket Primer: Thursday, March 13: Chinese Data Misses The Mark
Thursday, March 13, 2014 - 7:27am | 1153Asian markets pared gains after Chinese data came in below estimates on Thursday morning. The nation’s industrial output grew 8.6 percent in January and February, below analysts’ expectations of a 9.5 percent rise. Retail sales data also disappointed, with an 11.8 percent increase. The figure...
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Apparently This Bull Is Still Kicking
Wednesday, March 12, 2014 - 4:02pm | 952For about an hour on Monday morning, it felt like the #growthslowing theme was back. Germany was tanking. Shanghai had been creamed. And at 9:45 am the bears launched an attack on the S&P 500 (NYSE: SPY). Bam, the low for the day was gone. And five minutes later, Friday's intraday...
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China's Weak Data Outweighs Concern Over Ukraine, Brent Slides
Wednesday, March 12, 2014 - 7:24am | 298Brent crude oil traded at $108.29 at 5:45 GMT on Wednesday morning as worries about slipping global demand outweighed concern about the situation in Ukraine. The commodity has been primarily weighed down by weak data from China, which many believe may set the tone for global appetite. Investors...
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#PreMarket Primer: Wednesday, March 12: China's Slowdown In Focus
Wednesday, March 12, 2014 - 7:17am | 1120Investors remained focused on the state of the Chinese economy on Wednesday morning after the nation released much weaker than expected export data at the beginning of the week. Asian shares tumbled as investors worried that the world’s second largest economy was stuck in a rut. On top of...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Brent Slides On Weak Chinese Exports
Tuesday, March 11, 2014 - 7:52am | 308Brent crude oil lost its momentum on Tuesday morning after demand woes outweighed worries about the ongoing tension in Syria. The commodity traded at $108.18 at 6:10 GMT on Tuesday morning as investors looked to both economic data and news reports for clues about the commodity's future. CNBC...
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#PreMarket Primer: Monday March 10: Russia Tightens Its Grip On Crimea
Monday, March 10, 2014 - 7:31am | 1042Over the weekend, Russian President Vladimir Putin expressed his support for the Ukraine’s Crimean peninsula’s move to separate from Ukraine and join Russia. His comments increased the pressure on Western diplomats to loosen Russia’s grip on the region and make good on threats to economically...