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  • SINGAPORE, Oct 8- Gold extended gains to a third session on Wednesday, buoyed by safe-haven bids after disappointing economic data from Europe and lower global growth forecasts by the International Monetary Fund. *Spot gold rose about $1 to $1,209.70 an ounce by 0024 GMT, after gaining 0.2 percent in the previous session. *The International Monetary Fund cut its...

  • Treasuries yields plunged Tuesday, with long-dated yields hitting their lowest since May of last year, after fresh signs of economic weakness in Germany and a lower International Monetary Fund global growth forecast fueled safe-haven bids. German industrial production plunged 4.0 percent in August, the Economy Ministry said, the biggest drop since...

  • NEW YORK, Oct 7- World oil prices resumed a months-long rout on Tuesday to close at their lowest in more than two years, pressured by reduced economic and demand growth forecasts. The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan and Brazil.

  • NEW YORK, Oct 7- U.S. stocks were falling on Tuesday as weak data out of Germany added to concerns about possible headwinds to corporate outlooks ahead of the start of earnings season. Adding to concerns, the International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan...

  • *Palladium posts biggest growth in over 6 months. NEW YORK/ LONDON, Oct 7- Gold rose on Tuesday as its safe-haven appeal increased after the International Monetary Fund cut its global economic growth forecasts and weak German industrial data stoked further growth concerns. "Following yesterday's rally, traders are in a wait-and-see attitude now after the IMF...

  • NEW YORK, Oct 7- Crude oil prices fell on Tuesday as signs of weak demand for petroleum and ample supply continued to push prices toward multi-month lows. The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil.

  • *Rio jumps after rejects merger approach by Glencore. LONDON, Oct 7- A key European equity index dropped to a 1 1/ 2- month low on Tuesday as the International Monetary Fund cut its growth estimates for the euro zone's three largest economies and German industrial output data disappointed. Market bets on a European economic recovery faded as the IMF downgraded its...

  • *IMF cuts forecasts for euro zone, Japan, Brazil. WASHINGTON, Oct 7- The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil. In its flagship World Economic Outlook report, the Washington- based lender cut its...

  • *Rio jumps after rejects merger approach by Glencore. LONDON, Oct 7- European shares dropped to a 1 1/ 2- month low on Tuesday as the International Monetary Fund cut its growth estimates for the euro zone's three largest economies and German industrial output data came in lower than expected. Market bets on a European economic recovery faded as the IMF downgraded...

  • BERLIN, Oct 7- German industrial output in August plunged at its steepest rate since the height of the financial crisis, data showed on Tuesday, while the International Monetary Fund cut its German growth forecast. Combined with Monday's tumbling industrial orders, the news raised further concern that Europe's largest economy is running out of steam.

  • TOKYO, Oct 7- Japan must raise its sales tax again next year as scheduled, the International Monetary Fund said, even as it sharply cut its economic forecasts for the country and warned that the higher levy will take a toll on domestic demand. The Bank of Japan should ease monetary policy further if inflation stalls or economic growth disappoints, though such...

  • IMF cuts growth outlook, warns on euro zone, Japan Tuesday, 7 Oct 2014 | 9:00 AM ET

    WASHINGTON, Oct 7- The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil. The Fund's gloomy projections will set the stage for the gathering of the world's top economic policymakers in Washington this week,...

  • BRASILIA, Oct 7- The Brazilian economy will likely have a mild recovery next year as electoral uncertainty fades, but still lag regional peer Mexico that should grow faster after a series of economic reforms, the International Monetary Fund said on Tuesday. The global lender cut its growth forecast for Latin America's largest economy by 0.6 percentage point to...

  • LONDON, Oct 7- A second day of grim German data and expectations for a cut in the International Monetary Fund's growth forecasts spooked European assets on Tuesday, as the recent spell of global financial market volatility continued. "Industrial production is currently going through a weak phase," Germany's Economy Ministry said in a statement.

  • DIARY - Top Economic Events to Oct 20 Monday, 6 Oct 2014 | 8:01 PM ET

    NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight...

  • *World Bank cuts China 2014 growth forecast to 7.4 pct. *2015, 2016 forecasts for China, developing EAP also lowered. SINGAPORE, Oct 6- The World Bank cut its 2014-2016 growth forecasts for developing East Asia and China, and cautioned of capital-flight risks to Indonesia while growth in China is seen slowing due to policy measures aimed at putting the economy on a...

  • BERLIN, Oct 5- The International Monetary Fund will cut its estimates for German economic growth in 2014 and 2015 to about 1.5 percent for each year because of the crises in Ukraine and the Middle East, weekly German magazine Der Spiegel said on Sunday. The IMF, which is due to publish the forecasts on Tuesday, predicted in July that Europe's largest economy would...

  • BERLIN, Oct 5- The International Monetary Fund will cut its estimates for German economic growth in 2014 and 2015 to around 1.5 percent for each year due to the crises in Ukraine and the Middle East, weekly German magazine Der Spiegel said on Sunday. In July the IMF predicted Europe's largest economy would expand by 1.9 percent this year and by 1.7 percent next year.

  • LONDON, Oct 5- World policymakers gather in Washington later this week to ponder how to sustain economic recovery at a time when the United States is about to turn off its money taps. Given the same G20 finance ministers and central bankers met in Australia only two weeks ago it is not hard to guess how the debate will go: most of the western world will urge the euro...