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  • DIARY-Top Economic Events to March 20 Friday, 6 Mar 2015 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Cleveland President Loretta Mester speaks before the National Association for Business Economics annual Economic Policy Conference- 1825 GMT. TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed" before the Founding Director's Lecture Series at Rice University's...

  • NEW YORK, March 6- A robust U.S. jobs report raised concern in markets on Friday that the Federal Reserve may raise interest rates sooner than previously thought, hammering U.S. stock and bond prices. "Any sign of undue strength will raise the spectre of rates climbing sooner than expected, and we were already expecting rates to rise this year," said Bruce McCain, chief...

  • *U.S. rig count data at lowest since April 2011. NEW YORK, March 6- Crude oil prices closed down on Friday, with benchmark Brent losing its most in a week since January, as a resurgent dollar and fear of a U.S. rate hike diverted attention from the shrinking number of rigs drilling for oil in the United States. Benchmark Brent oil settled down 75 cents, or 1.2 percent, at...

  • NEW YORK, March 6- Crude prices fell on Friday as a rallying dollar and fears of a rate hike due to strong U.S. jobs growth suppressed the market, diverting attention from a near four-year low in the number of rigs drilling for oil in the United States. Worries about the security of Libyan and Iraq crude supplies, which had put a floor beneath the market in the earlier...

  • NEW YORK, March 6- A robust U.S. jobs report raised concern in markets that the Federal Reserve may raise interest rates sooner than previously thought, hammering U.S. stock and bond prices on Friday. "Any sign of undue strength will raise the specter of rates climbing sooner than expected, and we were already expecting rates to rise this year," said Bruce McCain, chief...

  • *Fighting in Iraq, oil wells closure in Libya support prices. *Coming Up: Baker Hughes oil rig data at 1:00 p.m EST. NEW YORK, March 6- Oil fell on Friday as the dollar surged on bets of a near-term rate hike from strong U.S. jobs growth, offsetting an early run up in crude prices on worries about Libyan and Iraq supplies.

  • LOS ANGELES— Success came early and strong for Curtis Stone. By his 20 s, the Australian was cooking in London's top restaurants. AP: Why do you think more Australian chefs— like Donna Hay, who is often called the Martha Stewart of Australia— haven't caught on in the U.S.?

  • NEW YORK, March 6- A robust U.S. jobs report raised concern in markets that the Federal Reserve may raise interest rates sooner than previously thought, knocking U.S. stock and bond prices lower on Friday. "Any sign of undue strength will raise the specter of rates climbing sooner than expected, and we were already expecting rates to rise this year," said Bruce McCain,...

  • FOREX-Dollar jumps after strong U.S. jobs report Friday, 6 Mar 2015 | 10:33 AM ET

    NEW YORK, March 6- The dollar jumped on Friday to an 11-1/ 2 year high against a basket of currencies as news of robust U.S. employment growth bolstered market sentiment that the Federal Reserve was closer to raising interest rates. Before a U.S. employment report on Friday, the dollar had already hit an 11-1/ 2 year high against the euro as interest rate differentials...

  • NEW YORK— A strong jobs report shook up the financial markets on Friday. U.S. employers added 295,000 jobs last month, the government said. "We're moving to another chapter here," said Jim Russell, a portfolio manager at Bahl and Gaynor, a wealth manager.

  • LONDON, March 6- Brent crude oil steadied above $60 a barrel on Friday as a stronger dollar balanced worries over the impact of fighting in Libya and Iraq on Middle East and North African oil production. Brent was down 5 cents a barrel at $60.43 by 1450 GMT. "The economy, with respect to jobs, is doing a pretty good job of growing," said Bruce Mccain, Chief Investment...

  • *Former stock exchange boss seen playing new role. ANKARA/ ISTANBUL, March 6- President Tayyip Erdogan blamed an "interest rate lobby" of speculators for the Turkish lira's slide and said he would discuss its decline with the country's embattled central bank and the government's economy czar. The lira briefly recovered from record lows following his comments,...

  • LONDON, March 6- Brent crude oil rose towards $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets. Fighting has escalated in northeast Iraq, where Islamic State militants have set fire to oilfields to deter Shi'ite militiamen and...

  • Euro drops toward parity with dollar Friday, 6 Mar 2015 | 7:34 AM ET

    For U.S. visitors, Europe is getting cheaper. Tour companies in Greece are already reporting stronger interest from U.S. holiday seekers. Greece earns around a fifth of its money from tourists.

  • European shares at 7-year highs ahead of U.S. jobs Friday, 6 Mar 2015 | 7:03 AM ET

    *Thomas Cook up 19 pct after China's Fosun buys stake. PARIS, March 6- European shares rose on Friday, extending a rally which has propelled regional indexes to seven-year highs, with Thomas Cook jumping after a Chinese investor bought a stake in the travel group. China's Fosun International, which recently took over France's Club Mediterranee, acquired a 5...

  • LONDON, March 6- The dollar hit an 11-1/ 2 year high against the euro on Friday, as interest rate differentials widened in favor of U.S. The dollar index was 0.3 percent higher at 96.727 while the euro slumped to an 11-1/ 2 year low of $1.0963. The euro's drop came as investors braced for the ECB's 1 trillion euro bond buying program which is expected to weaken the euro.

  • LONDON— Britain's National Crime Agency says a suspected hacker has been arrested in connection with a cyber attack on the U.S. Department of Defense. The agency said Friday the 23- year-old man arrested in western England is suspected of offenses linked to data stolen from a messaging service used by DoD employees. The agency says contact information for...

  • *China nickel premiums jump as country shuts old NPI plants. LONDON, March 6- Copper headed for a weekly loss on Friday as the dollar rallied ahead of the monthly U.S. jobs report and signs of lacklustre demand in top consumer China. In China meanwhile, equities fell as investors digested comments by top officials that highlighted growth and debt challenges the...

  • *Growth, investment in Africa remains lopsided, localised. Sub-Saharan Africa has achieved annual growth of more than 5 percent over the last decade, and foreign investment has more than quadrupled over the same period, feeding the popular catch phrase that Africa is' rising'. "'Africa Rising' served a purpose because it alerted people who weren't interested in...

  • LONDON, March 6- Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British pound with the European Central Bank gearing up to launch its 1- trillion euro bond buying programme. Sterling was down 0.2 percent against the dollar $1.5208, not far from a four-week low of $1.5194 struck...