Tuesday, 29th July 2014

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London close: Traders bide their time ahead of US jobs data

Mon 28th Jul 14, 17:26

The Footsie finished the session slightly lower as traders bided their time ahead of a raft of key data and events later in the week, including the latest US jobs report and a Federal Reserve policy meeting, on Wednesday.

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US midday: Stocks recover from early swoon

US stocks erased early declines triggered by a report showing home sales dropped unexpectedly in June and despite reports the US could soon announce new sanctions against Russia. 7 hours ago

Bonds: Treasuries edge lower as traders position for FOMC, jobs report

The following were the yield and basis point (bp) movements of some of the most-watched 10-year bonds this afternoon: 7 hours ago

Russia says sanctions may boost economic independence

Russia has said that new US and European sanctions would boost its economic independence. 7 hours ago

Weak German business confidence data weighs on copper futures

The commodities complex was weighed down on the last day of the week by a weaker than expected reading on German business confidence. 9 hours ago

Frontier Mining gets green light for Naimanjal sale

Kazakhstan copper miner Frontier Mining has got the go-ahead from the Kazakh government to sell its Naimanjal licence area to Union Transnationale Miniere (UTM). 9 hours ago

Europe close: Drop in US home sales drags on stocks

European stocks declined after a report showed US pending home sales fell unexpectedly. 9 hours ago

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