By Ashraf Laidi
More evidence of the German locomotive dragged down by the rest of the European continent as German manufacturing PMI dips to 45.0, its lowest figure since May 2009. The French version of manufacturing PMI hit 44, also a 36-month low. EURUSD hits a fresh low on the year at $1.25, down 3. (7:10 pm)
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IMF, MANUFACTURING, ELECTIONS
By IBTimes UK
During transition, people on earth will see Venus as a small dot gliding slowly across the sun. (7:04 pm)
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NASA
By IBTimes IN
Massive outrage flared all over India as the sharpest hike in petrol prices took effect on Thursday. (6:38 pm)
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TWITTER, FACEBOOK, GDP, INDIA, BOLLYWOOD
By Oil N'Gold
The market was in a "risk off" mode as investors worried that the informal EU summit (which is still ongoing) would not finalize measures to resolve the Greek issue. Wall Street initially declined sharply but then reversed in the late session amid encouraging US data. (5:10 pm)
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CHINA, HSBC, CRUDE OIL, MANUFACTURING
By Easy Forex
The euro (EUR) dropped to a 22-month low falling to 1.2545 from 1.2686 against the US dollar on a heightened risk aversion in the markets. Concerns that Greece may face a damaging default and a messy exit from the eurozone weighed on the single currency after talks said that Eurogroup was asked to. (4:56 pm)
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FTSE, S&P, GERMANY, RETAIL SALES, JAPAN, RETAIL
By IBTimes AU
Manufacturers of high tech gadgets that use rare earths are in for more good news as Canadian miner Matamec Explorations Inc. announced on Wednesday the mineral processing and hydrometallurgical pilot plants needed to jumpstart the operations on its flagship Kipawa rare earth project are on schedule. (4:51 pm)
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GERMANY, AUSTRALIA, RARE EARTH
By Reuters UK
Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle the risk of Greece leaving the currency bloc. (4:14 pm)
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CHINA, BARCLAYS, HSBC, JPMORGAN CHASE, GERMANY, MANUFACTURING
By Comsec
Yesterday the Australian share market lost ground for the first time this week, with the All Ordinaries Index (XAO) down 54.7 points to 4,118 point. Last night Key European index's lost 2-3% after discussions at the European Leaders summit in Br... (1:40 pm)
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TWITTER, FACEBOOK, AUSTRALIA, COPPER, MANAGEMENT, WESFARMERS
By IBTimes AU
Bell FX Currency Outlook: The Australian dollar has opened this morning around USD.9760, after trading down to a low of USD0.9690 overnight as European
equities followed Asia's lead falling around 2.5%. (10:26 am)
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AUSTRALIA, FTSE, HSBC, WESTPAC, MANUFACTURING, GDP, COPPER
By IBTimes AU
U.S. stocks reversed steep losses to finish the day roughly flat, though European stocks and the euro tumbled to 2012 lows amid growing chatter about a potential Greek exit from the euro zone (9:01 am)
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AUSTRALIA, FTSE, GOLDMAN SACHS, HANG SENG INDEX, JAPAN, COPPER, CHINA, DOW JONES, MICROSOFT, BNP PARIBAS