Friday, November 16, 2012

Worries About Fiscal Positions in The Eurozone And The US Remain

Fiscal issue become majors, Selling eases as European trade begins, Worries about fiscal positions in the Eurozone and the US remain, but copper's rise provides hope for a potential return to risk

Economic news from London, Engineers steady London equities indices, Better earnings at two industrial groups help both the FTSE 100 and the FTSE 250, which slowed their losses around two-month lows

Energy Investors and Miners dig deep into bond markets for funds, Issuance is set to hit an all-time high of more than $100bn by the end of 2012 as funding from equity markets and bank loans become hard to come

Meanwhile, Foreign exchange profits slide as volatility falls, Currency intervention from central banks and less hedging by companies of their foreign exchange exposure have helped to reduce revenues

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