rival and suitor AbbVie warned it could reconsider plans to

May 8, 2014

oil prices fall as gloom persists

LONDON, Oct canada goose 15 (Reuters) Persistent fears over canada goose outlet toronto factory the health cheap Canada Goose of canadian goose jacket the global economic Canada Goose Jackets recovery kept bond yields and oil prices falling on Wednesday, with stocks also failing to break their canada goose clearance recent canada goose outlet store locations losing streak.

Market volatility has surged in recent weeks as investors weigh the timing of expected Canada Goose online interest rate increases, especially canada goose coats on sale in the United States, against disappointing macroeconomic signals such as a worse than expected inflation reading from China.

Investors sought refuge from cooling economic activity in safe haven government bonds across Canada Goose sale the euro zone, with Canada Goose Coats On Sale German bund yields hitting a record low. Pressure is growing on the European Central Bank (ECB) to ease buy canada goose jacket cheap monetary policy further to spur canada goose black friday sale growth in the region.

deflation worries still very much at the fore of the euro area and the pressure on the ECB to take further action canada goose clearance sale in coming months, bunds will buy canada goose jacket remain underpinned Canada Goose Outlet in the near term, said Nick Stamenkovic, bond strategist at RIA Capital Markets.

After a stable start to the European canada goose deals trading day, stocks were firmly in the red by 1117 GMT, with the MSCI All Country World index down 0.2 percent and the pan European FTSEurofirst down 1 percent. rival and suitor AbbVie warned it could reconsider plans to buy Shire. crude oil fell to $80.60 per barrel, stoking fears of further falls in inflation.

sharp decline in the price of crude oil is serving to increase downside risks to inflation in the near term, said Lee Hardman, currency analyst at Bank of Tokyo Mitsubishi UFJ.

the correlation between oil and commodity prices on the Canadian dollar is playing out. The more oil 2018 canada goose outlet prices fall, the more dollar/CAD will rise, canada goose coats said Jeremy Stretch, head of currency strategy, CIBC World Markets.

Emerging markets in Russia and the Middle East, canada goose replica which depend on oil as a key revenue canadagooseonlineshop canada goose store earner, were also hit: the rouble dipped to its weakest level on record, Russian government borrowing costs hovered at a five year high and shares in Moscow fell to near their lowest level since 2009.

It sparked new measures from Russia central bank, including another shift in its currency intervention threshold and auctions for banks to deposit dollars, but analysts remained sceptical of their success.

the oil price doesn stabilise, there probably isn much hope for the rouble, said Richard Segal, an emerging market strategist at Jefferies. Canada Goose Online linked site The Canada Goose Parka currency is down almost 20 percent this year. (Reporting by Lionel Laurent; Additional reporting by Jamie McGeever, Anirban Nag, Marc Jones and Marius Zaharia; Editing by Toby Chopra).

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