ECB's deposits jumped

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/RS

Use of the ECB overnight deposit achieved a new high for 2011 after global central banks took a coordinated action to ease cost of USD borrowings. The deposit level reached EUR 304.42 billion on Wednesday up from EUR 297.112 billion on Tuesday. Banks borrowed EUR 4.638 billion from the overnight facility on Wednesday as compared with EUR 2.705 billion on Tuesday, ECB reported.

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Thu, 01 Dec 2011 10:36:52 GMT

Swiss manufacturing activity decreases more than expected

Swiss manufacturing activity declined more than expected for the third month in line, according to industry data. Purchasing managers' index lost 2.1 points on a seasonally adjusted basis to 44.8 in November as compared with 46.9 in October, reported Swiss SVME, the purchasing manager's association, and Credit Suisse.

Thu, 01 Dec 2011 12:38:26 GMT

European shares open lower

Most European stocks markets opened lower on Thursday as markets gave back part of yesterdays excessive gains that were encouraged by central banks' announcement about reducing dollar borrowing costs. Stoxx Europe 600 lost 0.2% to 239.46, pushed by mining and drug stocks. French CAC 40 and German DAX declined both edged down 0.4% to 3,141.94 and 6,062.69 respectively. FTSE 100 was the

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