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Wall Street closes mixed; DJIA ends higher for 8th straight day

The US stocks market has closed mixing green and red numbers after recovering some ground from previous losses. The Dow rose for 8th straight day, longest winning streak in 2 years. S&P 500 was down on the day, stopping a 7-session win run.

The DJIA advanced 2.77 points or 0.02% to close at 14,450.06. The S&P 500 declined 3.74 points or 0.24% to finish at 1,552.48. And the Nasdaq Composite lost 10.55 points or 0.32% to end the day at 3,242.32.

Forex Flash: Industrial production to show a negative print in January - RBS

Eurostat is scheduled to publish the January industrial production for the Eurozone on Wednesday, 13 March. Market expectation is a 2.2% decline from the same month in 2012 and a marginal monthly decline of 0.1% from December.
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Session Recap: EUR/USD holds 1.3000; But dark clouds for the Pound

In a quiet session, the EUR/USD has been trading sideways as the pair failed to consolidate above the 1.3050 level and fell to the 1.3015. However, the pair remains above the 1.3000 key price. The picture is not as good for the Pound where a horrible data from the UK industrial sector prompted investors to start considering the likelihood of the British economy slipping back into recession.
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