Financial Markets News November 11th, 2008
« Noticias anteriores Siguientes noticias »OVERVIEW: Fresh fears of world recession plague investors
Tuesday, November 11th, 2008 - 9:18 pmImproved lending market is no help as UK housing and retail figures come in weak
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Rouble weakens as Russia changes tack
Tuesday, November 11th, 2008 - 8:13 pmRussia’s central bank let the rouble weaken to its lowest level since February 2007 as officials indicated that Moscow was abandoning its rigid defence of its currency
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Wall Street beset by economic fears
Tuesday, November 11th, 2008 - 6:13 pmUS stocks followed their overseas counterparts downward and extended sharp losses as fears persisted over the health of the global economy
Mexico hedges almost all of its oil exports for the coming year
Tuesday, November 11th, 2008 - 12:57 pmMexico is taking steps to protect itself from the oil price remaining below $70 a barrel in the clearest sign yet of the concerns of producer countries at the impact…
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Sterling hits 12-year low
Tuesday, November 11th, 2008 - 12:57 pmSterling hit a 12-year trough against a basket of currencies and held close to a record low against the euro on Tuesday as BoNY Mellon said it saw signs that investors were abandoning gilts
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Kazakh banks agree $3.47bn bail-out
Tuesday, November 11th, 2008 - 12:24 pmKazakhstan has agreed terms with the country’s top four banks for a $3.47bn capital injection to help counter the impact of the global credit crisis, Samruk-Kazyna, the Kazakh sovereign wealth fund, said
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Britain’s trade deficit narrows
Tuesday, November 11th, 2008 - 12:24 pmBritain’s trade deficit is estimated to have narrowed in September to £3.9bn, while the August shortfall was revised downward to £4.4bn, according to data from the Office for National Statistics
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European shares slide on growth fears
Tuesday, November 11th, 2008 - 12:24 pmEuropean shares gave back all of their gains of the previous session as hopes dimmed that China’s economic stimulus package would be enough to stem a global recession
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Crude loses gains after rally proves short lived
Tuesday, November 11th, 2008 - 12:24 pmCommodity markets fell back on Tuesday morning, as concerns about the global economic downturn and the anticipated weakening in demand extinguished the previous session’s brief rally
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FTSE falls as earnings worries grow
Tuesday, November 11th, 2008 - 10:04 amHopes that China’s public spending programme could mitigate global recessionary pressure faded fast as further signs of slower business and consumer spending emerged
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