Government Agencies
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*Esther George takes up dissent mantle. WASHINGTON, Jan 30- The Federal Reserve on Wednesday left in place its monthly $85 billion bond-buying stimulus plan, arguing the support was needed to lower unemployment even as it indicated a recent stall in U.S. economic growth was likely temporary.
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*Oil higher on outlook for China. NEW YORK, Jan 30- The euro climbed to a 14- month high and gold rallied on Wednesday after the Federal Reserve left its monthly $85 billion bond-buying stimulus plan in place.
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NEW YORK, Jan 30- Gold rose on Wednesday after data showed the U.S. economy unexpectedly contracted in the fourth quarter, and stayed higher as the Federal Reserve left in place its bond-buying stimulus plan.
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NEW YORK, Jan 30- An unexpected contraction in the U.S. economy in late 2012 should dispel fears that the Federal Reserve will soon end its aggressive monetary expansion, economists said on Wednesday.
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LONDON, Jan 30- Technically overbought markets and investors keen not to miss out on further gains have left European indexes in a delicate position ahead of the Federal Reserve meeting and jobs data in the United States on Wednesday.
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WASHINGTON, Jan 30- The Federal Reserve is expected to keep monetary policy on a steady path when it concludes a two-day meeting on Wednesday, though behind the scenes intensive debate continues over when the controversial bond-buying program should be curtailed.
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*Euro rises above resistance at $1.35, highest since Nov. 2011. The euro broke above key resistance at $1.35 and traders said the rally has further to go after recent positive news on the German economy and Europe's banks. "The momentum has been to buy euros," said Ronald Simpson, managing director of global currency analysis at Action Economics in Tampa, Florida. "
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SINGAPORE, Jan 30- London copper rose to nearly a three-week high on Wednesday, as hopes for improving global growth fanned risk appetite and weighed on the dollar, but traders were wary ahead of a Federal Reserve meeting and Chinese factory data.
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SINGAPORE, Jan 30- London copper rose to a one-week top on Wednesday, rising for a third straight session as strong U.S housing data reinforced hopes that an economic recovery was gathering pace, although caution over a Federal Reserve policy meeting capped gains.
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*Drug from Sanofi and Isis Pharmaceuticals to be sold as Kynamro. *FDA requiring four post-marketing studies. Jan 29- The U.S. Food and Drug Administration on Tuesday approved a drug made by Sanofi SA and Isis Pharmaceuticals Inc designed to treat a rare genetic disorder that causes dangerously high levels of bad LDL cholesterol.
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*Drug from Sanofi and Isis Pharmaceuticals to be sold as Kynamro. *FDA requiring four post-marketing studies. Jan 29- The U.S. Food and Drug Administration on Tuesday approved a drug made by Sanofi SA and Isis Pharmaceuticals Inc designed to treat a rare genetic disorder that causes dangerously high levels of bad LDL cholesterol.
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*Euro hits highest since December 2011, just below $1.35. NEW YORK, Jan 29- The euro scaled 14- month peaks against the dollar on Tuesday, gaining in three of the last four sessions, boosted by a more upbeat euro zone outlook and expectations the Federal Reserve will keep its ultra-easy monetary policy for some time.
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President Obama called on Congress to make good on plans to overhaul the immigration system and offer a path to citizenship for millions of illegal immigrants. He said that if Congress is unable to act quickly, he will propose legislation and demand lawmakers vote on it.
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*Markets await Fed meeting announcement, data on U.S. and China. NEW YORK, Jan 29- World stock markets mostly rallied on Tuesday and the dollar fell to a 14- month low against the euro on rising risk appetite as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
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NEW YORK, Jan 29- Gold rose on Tuesday, snapping a four-day losing streak, lifted by short-covering and expected continuation of loose U.S. monetary policies.
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*Markets await Fed meeting, data on U.S. and China. NEW YORK, Jan 29- World stock markets were mostly higher on Tuesday and the dollar fell to a 14- month low against the euro as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
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*China's top think tank lifts' 13 growth forecast to 8.4 pct. LONDON, Jan 29- Copper edged up on Tuesday as optimism about economic recovery gathered pace following comments over growth in top consumer China, though gains were limited by improved supply prospects and caution ahead of a Federal Reserve policy meeting.
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LONDON, Jan 29- Gold firmed on Tuesday, snapping a four-day losing streak, but gains were limited as investors sought further data to gauge U.S. economic strength, also looking to a Federal Reserve statement later in the week. Spot gold rose 0.5 percent to $1,663.30 an ounce by 1127 GMT, recovering from Monday's 2-1/ 2 week low of $1,651.93.
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*China's top think tank lifts' 13 growth forecast to 8.4 pct. LONDON, Jan 29- Copper rose on Tuesday as optimism about an economic recovery gathered pace following recent encouraging U.S. data, but further gains were kept in check as caution prevailed ahead of a Federal Reserve policy meeting and more data due this week.
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LONDON, Jan 29- European shares consolidated near two-year highs on Tuesday and oil prices steadied as investors awaited data on the strength of U.S. economy and a Federal Reserve policy decision later in the week.