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Commentary October 1, 2013. Stocks Close Notably Higher As Traders Shrug Off Shutdown - U.S. Commentary After ending the previous session firmly in the red, stocks moved mostly higher over the course of the trading day on Tuesday. With the strength on the day, the tech-heavy Nasdaq reached a new thirteen-year closing high. The major averages moved to the upside going into the close, ending the day notably higher. (Oct 1, 2013) Full Article   Economic News U.S. Manufacturing Activity Unexpectedly Expands At Faster Rate In September Activity in the U.S. manufacturing sector expanded for the fourth consecutive month in September, according to a report released by the Institute for Supply Management on Tuesday, with the index of activity in the sector showing an unexpected increase. (Oct 1, 2013) Full Article   General News Obama Looks To Pin Blame For Shutdown On GOP President Barack Obama sought to put the blame for the government shutdown squarely on C

Forex Top Story German January Export Growth Tops Expectations Germany's exports grew at the fastest pace since August 2012 and imports recovered strongly in January, boosting hopes of recovery at the start of the year. Shipments grew 1.4 percent in January from a month ago, when it rose 0.2 percent, data from the Federal Statistical Office showed Monday. The increase in exports far exceeded the 0.5 percent rise forecast by economists. European Economics Preview: German Foreign Trade Data Due Foreign trade from Germany is the major data due on Monday, headlining a light day for the European economics news. Kuroda Renews Pledge To End Deflation, Sees Need For Faster Monetary Easing Haruhiko Kuroda, the Japanese government's nominee for the next central bank governor, on Monday vowed to use all options to reach the 2 percent inflation target and also stressed the need for a faster expansion in stimulus. At a confirmation hearing to a