Hannover Re lifts Dax as profits rise 63%, US Presidential Election makes US equities shrug off poor earnings

US Presidential Election makes US equities shrug off poor earnings, Market participants largely expect Barack Obama to prevail in the US presidential race, citing his persistent, narrow lead in swing states

Economic news from Beijing, Chinese system undergoes stealthy reform, The People's Bank of China has followed the model of developed economies to ramp up its use of open market operations and inject cash into the economy

One of my safe haven currency AUD or Australian dollar at five-week high, RBA's decision to leave rates on hold surprises currencies traders, while wider risk appetite remains dull ahead of the US presidential election

Latest economic news from FTSE 100, Resolution tops FTSE 100 after upgrade, Bullish comment from broker Bank of America Merrill Lynch on the insurer's ability to meet its dividend targets energises its shares

Stocks news from Berlin, Hannover Re lifts Dax as profits rise 63%, Hannover Re hits the top of a broadly higher European equity market after the German reinsurer reports forecast-beating third-quarter results

Japanese cars banned in Chinese, Tokyo carmakers fall after Nissan outlook, Japanese shares fall as car manufacturers are dented by a slump in sales in China, but overall Asian markets are slightly higher

Meanwhile, Ukraine fails to call a spade a spade, The US has commended Kiev's restraint in imposing trade ban but traders say a directive stopping overseas grain sales remains in place