Wednesday, November 28, 2012

Eurozone Bourses Stable After Greek Aid Pact, Single Currency Flirts with $1.30

All in good, yeah finally Eurozone Bourses stable after Greek aid pact, Single currency flirts with $1.30 after Greece secures next tranche of aid, but fiscal cliff concerns keep ebullience in check, somehow, Disguised Greek debt forgiveness buys time, The latest stop-gap offer points the way to a longer-term deal after the German election, writes Gavyn Davies

Positive sentimens on US stock markets, Wall Street marginally lower despite data, US markets looked undecided in early morning activity, dipping in and out of positive territory in spite of positive economic data

OECD slashes 2013 growth forecast, Club of advanced economies cuts its 2013 growth forecast for its 34 members to 1.4% and warns of serious risk of global recession

UK stocks info, Financials help FTSE 100 reclaim 5,800, Risk stocks lead the rebound as a deal on Greek debt removes a significant barrier, putting the London benchmark back on course for year-highs

From South Korea we reporting, they tightens derivatives limits, Ceiling for banks' exposure to currency derivatives lowered to curb volatility in the won, as it rises 9 per cent against the dollar in six months

From Asian, HK warns Asia over financial reforms, Ashley Alder, Securities and Futures Commission chief, says region must engage with global regulatory measures to ensure inclusion

Meanwhile from Kazakhstan, Kazakh delay clouds non-Opec growth, Problems at Kashagan, the biggest field discovered in nearly 40 years, encapsulate challenges faced by new producers Brazil, Russia, Iraq and Kazakhstan

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