Euro zone growth ‘to decelerate’ after Brexit: IMF (News: 08/07/16)
Today’s Press
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U.S. Added 287,000 Jobs in June; Unemployment Rate at 4.9%
With the Republican and Democratic national conventions just weeks away, the government reported on Friday that employers added 287,000 workers in June, a vigorous rebound that helps sets the stage for the economic themes advanced by the presidential nominees.
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Euro zone growth ‘to decelerate’ after Brexit: IMF
The U.K.’s decision to leave the EU is expected to weigh on euro zone growth, the International Monetary Fund (IMF) said on Friday, lowering its growth forecasts for the 19-country region.
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After hitting a fresh two-year high of nearly $1,365 per ounce yesterday on high volume of over 25 million ounces, gold futures have retreated a bit. It’s just a short hiccup on the way to $1,400.
Forex Quotes:
- USDJPY: 100.21
- EURUSD: 1.1074
Indices:
- S&P 500: 2,097.90
- NASDAQ : 4,876.81
Source:: Euro zone growth ‘to decelerate’ after Brexit: IMF (News: 08/07/16)