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Deutsche bank Q4 loss narrows, misses estimates

Anticipation of an improved fiscal 2016 fourth-quarter performance drove the share price of Deutsche Bank AG (NYSE: DB) to a 12-month high of $20.94 on January 25th . However, the bank failed to meet the expectations of investors by posting

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ASSOCHAM Seeks Indian Government’s Assistance For Interest Rate Reduction

ASSOCHAM (Associated Chambers of Commerce of India) a key industry body has urged both the Indian government and the Reserve Bank of India to push the banking industry to ease interest rates in the aftermath of demonetization. The chamber made

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Q4 GDP growth of 0.6% y-o-y keeps Pound strong

The GBP/USD pair remains range bound between 1.2050 and 1.2680 for the past four months. Uncertainty about the Fed rate hike and Trump’s election rhetoric kept the US dollar weak in October and November. On the contrary, Fed’s rate hike

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Ford swings to $800 million loss in fourth-quarter 2016

The second-largest auto manufacturer in the US, Ford Motor Company (NYSE: F), reported a net loss in the fiscal 2016 fourth-quarter earnings, compared to a net profit in the similar period last year. While the adjusted earnings surpassed analysts’ estimates,

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