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Global equity markets rose on Friday as gains in Microsoft and Procter & Gamble buoyed U.S. shares, even as news that a New York City doctor tested positive for the Ebola virus produced a modest safe-haven bid for U.S. Treasuries.MSCI's all-country world equity index was set for its biggest weekly gain since July 2013, while the benchmark U.S. S&P 500 was on pace for its first weekly gain in ...
Recording gains on all the four sessions (including the short one-hour Muhurat Session on 23 October 2014), the Indian benchmark indices, snapped a four-week losing streak last week, as investors bet on more reforms announcements from the government.Falling crude oil prices, the Bharatiya Janata Party's impressive show in the assembly elections in Maharashtra and Haryana, the government's decision ...
Gold edged lower on Friday and closed down for the week as rallying equity markets and strong U.S. economic data dented demand for the precious metal as an insurance against risk.Sales of new U.S. single-family homes rose to a six-year high in September, but a sharp downward revision to August's sales pace indicated the housing recovery remains tentative.Bullion notched a 0.5 percent weekly loss, after ...
Gold inched up on Friday as European shares fell but was set to snap a two-week winning streak on a firm dollar and robust economic data that dented demand for the metal as an insurance against risk.Spot gold was up 0.1 percent at $1,232.10 an ounce by 0956 GMT, after slipping more than 1 percent in the previous two sessions. U.S. gold futures were up 0.3 percent at $1,232.50 an ounce.The metal was ...
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