CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold jumped $25 today, mostly on "position squaring," she reports. All eyes are now on tomorrow's jobs number and what that means to the taper.
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Global miner Rio Tinto reported a 35 percent jump in first-half profit on Thursday, below market expectations, but it sweetened the result with a $2 billion expansion to its existing $5 billion share buyback program.
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The London Stock Exchange ((LSE) reported a "strong increase" in income of 14 percent increase for the first quarter of 2011 on the previous year to 190.2 million pounds ($306.5 million) with primary markets revenue up 22 percent.
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Gold lost its footing on Thursday after the U.S. dollar jumped against other currencies, but euro zone debt jitters could limit losses as investors fretted about the lack of resolution to solve the crisis in Greece.
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Vietnam's consumer price index (CPI) rose 19.8 percent in May from the same month last year, up from 17.5 percent in April and the highest since December 2008, when inflation stood at 19.9 percent after peaking at over 28 percent earlier that year.
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Whatever Treasury Secretary Timothy Geithner may say about a strong dollar being in U.S. interests, the likelihood is that the currency will fall sharply in the next few years. And you don't have to go much further than the pressure Washington is putting on China to revalue the yuan to explain...
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