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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Rocky
    Rocky
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    Posts : 267081
    Join date : 2012-12-21

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    Post by Rocky Sat 25 Nov 2017, 1:46 am

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    London 
    Euro at 6-week high on optimism over growth outlook 
    The euro hit a six-week high against the dollar on Friday, as investors were optimistic about the strength of the euro zone's recovery after strong economic data this week. 
    The single European currency has gained about 0.7 percent since Monday, heading for a third weekly gain versus the dollar in the best performing streak since July. 
    The euro, the week began to fall affected by the political fog in Germany after the failure of coalition talks, but recovered quickly as investors focused on the prospects for strong growth in Europe and with the decline of the dollar on a large scale.
    The minutes of the ECB's latest meeting on monetary policy, published on Thursday, showed policymakers broadly agreed to extend the quantitative easing program albeit at a lower pace. However, the decision to keep asset purchases open seemed to be more heated. 
    The euro traded at $ 1.1865 in London, the strongest since October 13. 
    The dollar hit a five-week low against a basket of currencies and trading volumes were weak this week, the holiday of thanksgiving in North America on Thursday, which was also a holiday in Japan. The dollar fell on Wednesday after the minutes of the latest meeting of the Reserve Monetary Policy Committee Said some policymakers are concerned about inflation, which has led some to question expectations of an interest rate hike in 2018.
    The Core CPI reading came below the 2 percent target of the central bank in five years, despite the Fed's move towards normalizing monetary policy.
     
    Berlin - 
    German firms ' 
    confidence reached a record high in November, putting Europe's biggest economy on a leap track, easing some concerns about German companies' sentiment , the Ivo Economic Institute said on Friday. Political instability on the formation of a new government. 
    Evo said 90 percent of his monthly survey of 7,000 companies came before the collapse of coalition talks on Sunday. 
    But the survey period from November 6 to 23 has raised questions about the type of government to come. 
    The Munich-based institute said its business climate index rose to 117.5 from a revised reading of 116.8 in October. The reading was higher than consensus expectations in a survey of 116.6.
     
    Riyadh 
    J. JPMorgan: Saudi Arabia will return to battle market share after the launch of Aramco 
    . Said that Saudi Aramco's initial public offering will be among the important data indicating when the kingdom will return to battle for a share in the oil market. 
    The bank pointed out that Saudi Arabia's decision to increase production capacity would be a result of its diminished influence in the Organization of the Petroleum Exporting Countries (OPEC) after Aramco's IPO. 
    "Our trip to Saudi Arabia highlighted the increased risk of postponing OPEC's decision to extend production cuts to the first quarter of 2018 if prices remain above $ 60 a barrel. 
    The Kingdom's view is that it will consider increasing its long-term production capacity to 13.5 million barrels per day (compared with 12.5 million bpd) on the assumption that there is sufficient demand.
    Christian Malik, head of oil and gas markets in Europe, Middle East and Africa at JPMorgan, recently visited Saudi Arabia where he met with senior ministers and industry experts.



    http://almadapaper.net/ar/news/539192/%D8%AE%D8%A7%D8%B1%D8%AC-%D8%A7%D9%84%D8%AD%D8%AF%D9%88%D8%AF

      Current date/time is Fri 29 Mar 2024, 3:44 am