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Inventories at U.S. Wholesalers Unexpectedly Fall (Update2) - Bloomberg.com

The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for

Inventories at U.S. Wholesalers Unexpectedly Fall (Update1)

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The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for
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Inventories at U.S. Wholesalers Unexpectedly Fall (Update1) - Bloomberg.com

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The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for
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Canada’s Dollar Appreciates as Risk Appetite Lifts Stocks, Oil

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By Chris Fournier The loonie rose against half of its 16 most-traded counterparts tracked by Bloomberg, while the New Zealand and Australian dollars were the best-performing major currencies. The U.S. dollar and yen weakened on speculation Europe will help Greece contain its budget
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Interest rate rises in Labor hands

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THE head of the Reserve Bank has held out the prospect of continuing low interest rates, as long as Labor sticks to its pledge to restrain spending. Explicitly acknowledging the link between government spending and interest rates claimed by the federal opposition, Glenn Stevens told a
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PIGS problems don"t fly in "low deficit" Australia

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A senior economist says the economic risk to Australia from sovereign debt problems in parts of Europe is very low. But Joshua Williamson from CitiGroup says Australia's trade is heavily weighted to Asian economies , so the nation is unlikely to suffer any fallout. "Let's say they
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Central Banker Zhou Says China Must Monitor Inflation (Update1)

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Feb. 9 (Bloomberg) -- People’s Bank of China Governor Zhou Xiaochuan said China needs to monitor inflation as analysts forecast consumer prices rose in January by the most since 2008. Consumer prices probably advanced 2.1 percent in January from a year earlier, a third straight gain,
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Central Banker Zhou Says China Must Monitor Inflation (Update1) - Bloomberg.com

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Feb. 9 (Bloomberg) -- People’s Bank of China Governor Zhou Xiaochuan said China needs to monitor inflation as analysts forecast consumer prices rose in January by the most since 2008. Consumer prices probably advanced 2.1 percent in January from a year earlier, a third straight gain,
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PIGS no problem for "low deficit" Australia

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A senior economist says the economic risk to Australia from sovereign debt problems in parts of Europe is very low. Portugal, Ireland, Greece and Spain (now dubbed the 'PIGS' by some traders and analysts) have been identified as struggling with large public sector debt provisions and the
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Poland to Approve Program to Meet Euro-Adoption Target Today

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By Monika Rozlal Government ministers will sign the budget plan today, allowing approval before the weekly cabinet meeting tomorrow, Agnieszka Gapys , a spokeswoman for the Economy Ministry, told Bloomberg News on Feb. 6. Poland was scheduled to submit the update of its so-called
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