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...Who signed the National Currency Act into law in 1863? A: Abraham Lincoln That law supported the use of US paper currency known as the greenback, which was introduced to help finance the Civil War....
...(FT) TPP countries bar currency wars The US, Japan and 10 other Pacific Rim countries pledged not to engage in such tactics and to disclose any interventions in foreign exchange markets....
...at 4,370 European markets Eurofirst 300 down -17.18 (-1.26%) at 1,349 FTSE100 down -43.33 (-0.64%) at 6,730 CAC 40 down -66.16 (-1.53%) at 4,246 Dax down -186.20 (-1.94%) at 9,407 Currencies €/$ 1.34 (...
...Rail accounts for 85 per cent of the country’s total freight turnover, compared with 49 per cent in the US and just 16 per cent in China....
...(New York Times) OVERNIGHT MARKETS: UP Asian markets Nikkei 225 up +297.21 (+2.66%) at 11,450 Topix up +15.89 (+1.66%) at 973.24 Hang Seng up +38.16 (+0.16%) at 23,215 US markets S&P 500 down -0.92 (-...
...The emerging market sovereign bond index, the Embi+, has seen its spreads contract to 407 basis points over US Treasuries from a high of 862bp on October 24. EM currencies have also scored well....
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