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PRECIOUS – Gold Bounces From 2-Week Low; ETF Holdings Slip
10:31pm EST By Lewa Pardomuan
* Gold rebounds from 2-week lows; PGMs weaken
* China consumer inflation rises more than expected
* Coming Up: Weekly U.S. jobless claims (1330 GMT)
SINGAPORE, March 11 (Reuters) – Gold regained some strength on Thursday after falling to its lowest in nearly two weeks [...]

FOREX – U.S. Dollar Down Vs Euro; Yen Falls On Easing Bets
1:45pm EST By Gertrude Chavez-Dreyfuss
* Yen slips amid Japan monetary easing expectations
* Pound weakened by surprise drop in industrial output
* Euro up vs dollar; Greece comments add to positive view
NEW YORK, March 10 (Reuters) – The dollar slipped against the euro while the yen [...]

Risk Trades Rally Strongly Despite Weak UK and US Data
* UK industrial production (Jan) posted a dreadful -0.4% m/m (+0.3% expected, 0.5% prior).
* Germany CPI (Feb) was revised up to 0.4% m/m, +0.6% y/y (0.2/0.3 expected).
* UK Prime Minister Gordon Brown says currency imbalances holding back global growth.
* German Economy Minister reported to have said [...]

The Dow edged a little higher last night, to close at 10,564, over 4,000 points higher than this time last year. As per the last few sessions, we have remained pretty directionless due to a dearth of economic data, and some subdued activity whilst we wait for a conclusion to the issues surrounding Greece and [...]

Ahead of today’s weekly inventories, traders appear to have taken some of the recent profits off the table, albeit we remain above the $80 mark. A spate of violent outbreaks in Nigeria has helped to increase concerns about supply from the African nation, but despite demand remaining sluggish, oil has rallied sharply over the past [...]

Sterling was relatively stable in overnight trading, ahead of today’s Industrial Production figures. The UK’s currency has been hit hard of late, with poor RICS data yesterday compounding recent losses. Negative comments coming from Moody’s has put Sterling in the spotlight, so eyes will now turn to today’s data to see for signs of like [...]

China Import / Export Data Improves
* Australia Westpac Consumer Confidence printed at 0.2% vs. -2.6% exp.
* Australia Jan owner-occupied housing finance -7.9% m/m vs.-2.0% exp investment finance +0.9%.
* In Australia RBA AsstGov Lowe sounded very optimistic stating that growth was at or above average for the next couple of yrs, while labor market are [...]