Saturday, October 27, 2012

Safe Haven Currency JPY is Bounces Back, BNP Credit Rating Cut Hits French Banking Industry

Safe haven currency JPY, Japanese Yen bounces back ahead of BoJ meeting, The week's heavy selling leaves the Japanese currency looking undervalued as further monetary policy easing by the central bank looms

US stocks market is struggling, Reality of US earnings weakness hits, Markets are struggling to maintain the rally that started in the summer in the face of the weakest corporate earnings for three years

Chinese currency, China steers renminbi two-way trade, With so much focus on the Chinese currency's appreciation, it is easy to forget that it spent the first half of the year in a swoon

Latest economic news from French banking industry, BNP credit rating cut hits French banks, Paris-listed lenders fall after Standard & Poor's acts on what it calls 'increased economic risks'

From FTSE 100 stocks, Anglo shines in London after Carroll exit, Mining stocks lead as wider sell off takes the FTSE 100 below 5,800, but Cynthia Carroll's resignation as chief executive helps Anglo American rise

Earning news from Glencore, The Glencore shareholder reshuffle, Glasenberg set to relinquish top spot on the company's register if the merger with Xstrata is approved

China companies performance, Earnings and China fund woes hit Asia stocks, The region's shares fall as earnings disappointments weigh and data shows weak quarterly performances for Chinese fund managers

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