More evidence that China’s overall trade surplus may have peaked

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- China's trade surplus falls -11.8% y/y in 1H08: (CH JUNE TRADE SURPLUS: $21.35B V $22.35B expected, $20.21B prior) China's imports outpaced exports once more, as they have all this year with the exception of March, providing more evidence that China's overall trade surplus may have peaked. - Aussie jobs market surprisingly strong during June: (AU JUNE EMPLOYMENT CHANGE: 29.8K V 10K expected, prior revised to -25.6K from -19.7K; UNEMPLOYMENT RATE: 4.2% V 4.3% expected, 4.3% prior;

Security World: Diamond Cipher hard drive kit

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Addonics Technologies announced a hard drive kit with built-in eSATA and USB 2.0 connectors that allows users to easily connect an external SATA hard drive to a system or use any SATA hard drive as a ...

Oil continues to fall but weak stocks hamper the USD

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Oil continues to fall but weak stocks hamper the USD U.S. Dollar Trading (USD) gave up some ground as equities continued their slump lead by financials facing possible rating downgrades from Fitch. The Dollar did receive some support from oil which despite Iran test firing missiles and US crude inventories falling managed to continue its pullback from last weeks record highs. In the U.S. share markets, the NASDAQ was down 59 points (-2.60%) and the Dow Jones was down 236 points (-2.08%). Crude

EUR/USD Daily Outlook

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******************************************* INTRA-DAY EUR/USD OUTLOOK :                1.5731 Updating time : 10 Jul 2008 02:24 GMT Euro's retreat after y'day's rise to 1.5750 sug- gesting further consolidation below 1.5750/54 wud continue n break of minor sup at 1.5711 wud yield weakness to 1.5685/90 but 1.5660 (y'day's low) shud hold fm here. Abv 1.5750/54 wud extend erratic rise fm 1.5611 to 1.5775/80. Stand aside in the

Fxtechtrade

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Several words about the EUR/USD future. Resistance (daily close) :  1.4692 and 1.4884. Then 1.5117, 1.5386, 1.5592 and 1.5660. Break of the letter will lead to 1.5865, 1.7280 and 1.9430. Support (daily close) : : 1.4366 , 1.3972, 1.3770 and 1.3567. Then 1.3411, 1.3263, 1.3106 and  1.2964 (published on  07.11.2007) . Dow Jones : Resistance(daily close) : 13 567.60, 13 668.74 and 13 792.53. Then 13 972.50, 14 045.62, 14 124.38 and 14 225.63 . Break of the latter will lead to 14

Index Recommended Levels

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Dow Jones : Resistance(daily close) : 13 567.60, 13 668.74 and 13 792.53. Then 13 972.50, 14 045.62, 14 124.38 and 14 225.63 . Break of the latter will lead to 14 298.75, 14 414.06, 14 501.28 ? 14 578.94. Support (daily close): 13 395.94, 13 162.60, 13 038.74 and 12 937.40. Then 12 743.40, 12 652.03,  12 506.84, 12 397.40, 12 214.70, 12 116.25, 12 048.05, 11 913.40 and 11 864.53. Break of the latter will lead to 11 694.36, 11 593.13, 11 328.75 and 11 131.87 ( published on May 18 , 2007).

Tomato growers’ profit hopes wither

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Six weeks ago, the Food and Drug Administration fingered some types of tomatoes as the likely cause of a salmonella outbreak. ...