E*Trade volume of trade is slipping

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Source: Marketwatch

E*Trade Financial Corp. announced the average volume of trades decreased by 11% on a yearly basis in November. The daily revenue trades in November totaled 141,361, losing 10% from the previous month. The company added 24,541 new accounts while it added 30,355 new accounts a year ago. The share price of the company lost 46% during 2011.

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Wed, 14 Dec 2011 16:25:53 GMT

Copper fell to a two-week low

Copper futures have declined for the third day in a line after Fed's decision not to start the next round of QE and signs of the difficulties in China's economy. On the Comex division of the New York Mercantile Exchange, copper futures for delivery in March traded at USD3.401 a pound at the early European trade, losing 1.15% since opening.

Wed, 14 Dec 2011 16:22:02 GMT

Angela Merkel: UK remains strong EU partner

German Chancellor, Angela Merkel, said that despite not signing the EU summit agreement, the UK remains close EU partner. She also expressed regret that David Cameron, UK PM, was not able to join other EU members in creating closer fiscal ties. The announcement followed the decline of the Euro below $1.30 and ВЈ0.84 on the uncertainty over the euro-zone crisis.

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