Asian shares to commodities rallied while the dollar slipped further on Friday as markets digested the U.S. Federal Reserve’s aggressive new stimulus to drive job creation in the U.S. economy.
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Saturday, 15 September 2012
U.S.STOCK
U.S. stocks rose for a fourth straight session on Friday to close out the week at nearly five-year highs after the Federal Reserve took bold action to spur the economy, a move that could keep equities buoyed in the coming months.
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U.S.TREASURY
U.S. Treasury’s efforts to implement the 2010 Foreign Account Tax Compliance Act, or FATCA. It requires foreign institutions to tell the U.S. Internal Revenue Service about Americans’ offshore accounts worth more than $50,000.
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U.S.CRUDE
U.S. October crude, up 2.7 percent for the week, rose 69 cents to settle at $99 a barrel.
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