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#PreMarket Primer: Tuesday, November 18: Abe To Delay Sales Tax Increase In Japan
Tuesday, November 18, 2014 - 8:23am | 1336Following reports that the Japanese economy had fallen into a recession in the third quarter, Prime Minister Shinzō Abe is planning to hold off on another sales tax hike initially set for October 2015. In April, the country’s sales tax was increased from 5 percent to 8 percent in an effort...
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#PreMarket Primer: Monday, November 17: Japan's Economy Unexpectedly Slips
Monday, November 17, 2014 - 9:33am | 1293Data out on Monday showed that the Japanese economy fell into a recession in the third quarter, an unexpected report as most analysts were expecting to see 2.1 percent growth. Instead, the figures showed that Japanese GDP declined by an annualized 1.6 percent from July to September, a worrying...
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#PreMarket Primer: Friday, November 14: Tensions At All-Time High For G20 Summit
Friday, November 14, 2014 - 8:22am | 1241Over the weekend, leaders from the "Group of 20" will meet in Australia to discuss global issues. The meeting is expected to highlight the growing tension between the West and Russia as accusations that Russia has ramped up its military presence in Ukraine weigh on political...
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#PreMarket Primer: Thursday, November 13: Medvedev Says Sanctions Need To Go
Thursday, November 13, 2014 - 9:38am | 1381On the sidelines of a conference in Asia, Russian Prime Minister Dmitry Medvedev told U.S. President Barack Obama that the sanctions against Russia were hindering the West’s relationship with Moscow. In order for the two to return their communications to calm, productive talks, Medvedev...
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#PreMarket Primer: Wednesday, November 12: Banks Fined More Than $3 Billion For Role In Forex Manipulation
Wednesday, November 12, 2014 - 8:44am | 1477On Wednesday, a Federal probe into the role big banks played in a forex manipulation scheme resulted in huge fines for UBS AG (NYSE: UBS), HSBC Holdings plc (NYSE: HSBC), the Royal Bank of Scotland Group PLC (NYSE: RBS), JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C). The...
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#PreMarket Primer: Tuesday, November 11: China Announces Plans To Open Investment To Foreigners
Tuesday, November 11, 2014 - 7:50am | 1345On Monday, Chinese officials detailed their plans to open the nation’s stock markets to international investors, giving Asian stocks a lift and investors a new pool of companies to examine. On November 17, investors will have the opportunity to invest in $2 trillion worth of companies via...
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#PreMarket Primer: Monday, November 10: Nuclear Talks Enter Second Day
Monday, November 10, 2014 - 8:54am | 1291Nuclear talks were set to continue for another day on Monday as the U.S. and the European Union tried to come to an agreement with Iran about the country’s nuclear capabilities. World powers and Iran have set a November 24 deadline to come up with a comprehensive, long-term agreement...
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#PreMarket Primer: Friday, November 7: Boehner Reveals Intentions To Modify Obamacare
Friday, November 7, 2014 - 8:50am | 1521With Republicans in full control of the U.S. Congress, the stage is set for a very rocky two years as Democratic President Barack Obama finishes his final term in office. Speaker of the House John Boehner said Thursday that he plans to put Obamacare up to another vote and that although Obama...
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#PreMarket Primer: Thursday, November 6: Obama, McConnell Prepare For Rocky Road Ahead
Thursday, November 6, 2014 - 9:08am | 1351After Tuesday’s vote put Republicans in a position of power in both the Senate and the House of Representatives, President Barack Obama has a difficult path ahead as he will find it challenging to make changes for the remainder of his term. Republican Senator Mitch McConnell has had a...
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#PreMarket Primer: Wednesday, November 5: Democrats Lose Control Of The US Senate
Wednesday, November 5, 2014 - 8:45am | 1248On Tuesday, the Democratic Party lost control of the Senate as U.S. voters expressed disappointment in the presidential administration’s progress this term. The new Congress is set to take power in January and will mark the first time that the Republican Party will control both the House...
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#PreMarket Primer: Tuesday, November 4: Europe's Recovery Delayed, Forecasts Trimmed
Tuesday, November 4, 2014 - 8:45am | 1326On Tuesday, the European Commission trimmed its growth forecasts for the eurozone, saying that geopolitical tension and falling investment in the region were weighing on the bloc’s recovery. The commission said it is expecting the eurozone’s economy to grow just 0.8 percent in 2014...
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#PreMarket Primer: Monday, November 3: Commercial Space Travel Questioned After Failed Flights
Monday, November 3, 2014 - 8:55am | 1274Hopes of commercial space travel advancement were dashed last week after two launch failures within days of each other raised serious questions about privately funded space travel. On Friday, a Virgin Galactic LLC rocket broke apart shortly following its launch, killing one of its pilots and...
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#PreMarket Primer: Friday, October 31: BOJ Spooked By Lackluster Growth And Inflation
Friday, October 31, 2014 - 8:15am | 1422On Friday, the Bank of Japan surprised investors by announcing a new round of stimulus in an effort to kickstart the nation’s flagging growth and combat weak inflation. After a hefty sales tax increase in April, the nation’s economy has struggled to get back on track, and the...
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#PreMarket Primer: Thursday, October 30: Fed Exits The Markets
Thursday, October 30, 2014 - 7:36am | 1356The U.S. Federal Reserve announced the end of its quantitative easing program at the close of its two-day meeting on Wednesday. The bank withdrew the final $15 billion worth of asset purchases this month, taking the U.S. economy one step closer to standing on its own. The next big question is...
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#PreMarket Primer: Wednesday, October 29: Fed Likely To End Bond Purchases
Wednesday, October 29, 2014 - 7:50am | 1334The U.S. Federal Reserve will likely announce its exit from the markets on Wednesday afternoon after having injected $85 billion per month into the U.S. economy at the height of the crisis. The bank will likely finish tapering its quantitative easing program and withdraw the final $15 billion...