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Dollar-euro rate flat, yen lower as Ukraine crisis simmers

The dollar-euro exchange rate was virtually unchanged for a second day Thursday while the yen slipped again amid worries about the simmering Ukraine crisis. A deal struck in talks in Geneva between the US, European Union, Ukraine and Russia to ease the crisis took some of the short-term worries out of the market, where traders in many forex centers including London and New York were to start the Easter weekend holiday on Friday.

Euro-dollar flat as Yellen reiterates cautious Fed view

The US dollar overcame early losses Wednesday to end flat against the euro while the yen slipped back as Janet Yellen underscored the Federal Reserve's cautious path forward. At 2100 GMT the euro was at $1.3815, compared to $1.3813 late Tuesday. During the day it rose as high as $1.3851 before succumbing to selling. Helping the dollar's rebound was confident talk from the Federal Reserve on growth slowly picking up after a harsh winter.

Dollar treads water ahead of Chinese GDP data

The dollar moved little against other major currencies on Tuesday ahead of China's first-quarter GDP data, expected to show further slowing in the world's second-largest economy. Around 2100 GMT, the euro ticked down to $1.3813 from $1.3820 at the same time Monday. The dollar edged up to 101.94 yen from 101.82 yen. The European unit also gained slightly against the Japanese currency, buying 140.80 yen compared with 140.74 yen late Monday. According to an AFP survey of 13 economists, the median forecast for China's first-quarter growth year-on-year was 7.3 percent.

Nestle reports sales drop in first quarter, blames strong franc

The world's leading food industry group Nestle saw its sales plunge 5.1 percent in the first quarter, it said on Tuesday, blaming the effect of exchange rates and strength of the Swiss franc. During the first three months of the year, the maker of Nespresso capsules and baby food and many other products, said it had taken 20.8 billion Swiss francs ($23.6 billion, 17.1 billion euros) in sales. That number missed the expectations of analysts polled by the AWP financial news agency, who had foreseen sales of 21.1 billion francs for the quarter.

Dollar firms slightly after upbeat US retail data

The dollar moved higher against other major currencies on Monday after an encouraging US retail sales report and hints of more stimulus in the pipeline from the European Central Bank. Around 2100 GMT, the euro bought $1.3820, down from $1.3883 late Friday. The dollar also rose against the Japanese currency, to 101.82 yen from 101.59 yen. The euro fell to 140.74 yen from 141.13.

European stocks end up as upbeat US news buoys mood

European stock markets closed higher on Monday, recouping earlier losses as traders shook off concerns about the crisis in Ukraine on the back of positive data from the US. Wall Street opened higher after government data showed retail sales surged 1.1 percent in March as consumers ramped up spending following brutally cold weather earlier in the winter.

Russian markets, ruble fall over Ukraine crisis

The Russian stock markets and the ruble fell in early trading on Monday after clashes between pro-Russian forces and the Kiev authorities in eastern Ukraine. Western powers blame Russia for stirring up the trouble. At about 0730 GMT, Moscow's benchmark MICEX, which is denominated in rubles, had fallen 1.08 percent and the RTS, which is denominated in dollars, had fallen 2.03 percent. Shares in Gazprom energy giant had fallen 1.69 percent.

Euro zone's February output suggests gradual recovery strengthening

By Martin Santa BRUSSELS (Reuters) - Output at the euro zone's factories rose broadly in line with expectations in February, driven by production of intermediate and non-durable goods, suggesting the bloc's recovery is gradually strengthening, EU data showed on Monday. Industrial output in 18 countries using the single currency rose 0.2 percent on the month, in line with market expectations. A revised for January was flat, according to Eurostat, the EU statistics office.

European stocks mixed after Greek bond issue, US jobs data

European stocks ended mixed Thursday after a topsy-turvy trading session, as weak Chinese data outweighed a triumphant return to the bond markets in Greece and positive news from the US jobs market. London's benchmark FTSE 100 index eked out a 0.10 percent gain to 6,641.97 points, with markets largely shrugging off the Bank of England's decision to hold interest rates. However, markets on continental Europe were down, with Frankfurt's DAX 30 giving up 0.55 percent to stand at 9,454.54 points and the CAC 40 in Paris losing 0.66 percent to 4,413.49.

European stocks rebound on Greek bond issue, US jobs data

European stocks rebounded from earlier losses on Thursday, as investors hailed a triumphant return to the bond markets in Greece and positive news from the US jobs market. In late afternoon trading, London's benchmark FTSE 100 index rose 0.39 percent to 6,661.77 points, as the markets largely shrugged off the Bank of England's decision to hold interest rates. Frankfurt's DAX 30 rose 0.27 percent to stand at 9,531.89 points and in Paris, the CAC 40 eked out marginal gains of 0.10 percent to 4,447.32.
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