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      Wall Street posts its worst day in 2013

      The US stocks market closed Monday with declines as investors were concerned on Europe stability and solvency amid corruption in Spain and polls that give victory to Berlusconi's party.

      The Dow Jones has lost 129.71 points or 0.93% to close at 13,880.08. The S&P 500 declined 17.46 points or 1.15% to 1,495.71. The Nasdaq Composite eased 47.93 points or 1.51% to 3,131.17.

      Forex: GBP/USD extends recovery above 1.5750

      The Cable extends its correction after falling below 1.5700 at the weekly opening, having risen over 80 pips throughout the day to print a daily high of 1.5770 in recent dealings. At time of writing, GBP/USD is quoting around 1.5760/65, up 0.5% on the day.
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      New Zealand Labour cost index (QoQ) remains at 0.5% in 4Q

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