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Stock gains defy China data that hurt metals

  BLOOMBERG Stocks rallied, with European equities rising from a one-month low as they shook off a drag from Chinese trade data that weighed on industrial metals. Of the 19 industry groups on the Stoxx Europe 600 Index, 17 advanced, while mining companies had the biggest losses. Energy producers also declined as crude oil erased gains. Copper fell to its ...

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Emirates Securities Market up by 0.32 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.32% to close at 4497.71 points. Accordingly the Market Capitalization has gained AED 4.58 billion attaining AED 731.81 billion. A total of 442.19 Million Shares were traded with a total value of AED 0.52 billion during the trading session of 09-05-2016 through 5948 transactions. The number of companies ...

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Goldman expects silver lining as dollar bets falter

  Bloomberg Goldman Sachs Asset Management is seeking to profit from the relative value of the world’s major currencies after trimming bets the dollar would climb versus the euro and yen. While the Federal Reserve will probably increase interest rates by another 25 basis points later in the year, any disappointment around US employment data could delay the next move ...

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